ZUMZ Stock Recent News

Zumiez closed fiscal 2024 with strong comparable sales, but faces rising SG&A expenses, impacting margin expansion despite store closures and a shorter selling calendar. Gross margins improved significantly, driven by store productivity and private label sales, but adjusted SG&A expenses continue to rise, limiting operating margin recovery. Despite a nearly 50% stock drawdown, current valuation remains optimistic, requiring 7% comp growth and perfect SG&A leverage for a 10% earnings yield, low compared to other apparel retailers.

ZUMZ's fiscal fourth-quarter results reflect lower y/y sales. However, the gross margin expands 190 bps y/y to 36.2%.

Zumiez Inc. (NASDAQ:ZUMZ ) Q4 2024 Earnings Call March 13, 2025 5:00 PM ET Company Participants Rick Brooks - Chief Executive Officer Chris Work - Chief Financial Officer Conference Call Participants Mitch Kummetz - Seaport Operator Good afternoon, ladies and gentlemen, and welcome to Zumiez Inc.'s Fourth Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] Before we begin, we would like to remind everyone of the company's Safe Harbor language.

Zumiez (ZUMZ) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.40 per share a year ago.

Fourth Quarter Comparable Sales Increased 5.9% Fourth Quarter Gross Margin Increased 190 Basis Points to 36.2% Fourth Quarter Earnings Per Share Improved to $0.78 from ($1.73) First Quarter-To-Date Comparable Sales up 4.3%, Led by North America Up 6.4% Board Approves New Stock Repurchase Authorization

LYNNWOOD, Wash., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2024 fourth quarter and year-end results on Thursday, March 13, 2025, following the closing of regular stock market trading hours. The Company will hold a conference call that day at 5:00 p.m. ET to review the results.

Zumiez's expansion of private-label products, new brands and focus on cost efficiency position it for growth despite recent challenges.

Zumiez reports solid growth but lowers fiscal fourth-quarter guidance due to weaker holiday sales. However, it stays optimistic about growth in fiscal 2025 and beyond.

With a strategic focus on cost management, Zumiez is positioned for growth, expecting improvements in sales and margins moving forward.

Zumiez demonstrates solid technical performance, effective cost management and growth in private label offerings, positioning it for steady growth.