ZUMZ Stock Recent News

Zumiez (ZUMZ) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Zumiez's (ZUMZ) fourth-quarter results exceed expectations, driven by notable improvements and year-over-year growth in the North American men's segment during January 2024.

Zumiez Inc. (ZUMZ) Q4 2023 Earnings Call Transcript

Zumiez (ZUMZ) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.59 per share a year ago.

Zumiez (ZUMZ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Given the uncertainties, Zumiez's (ZUMZ) management is proceeding with caution, steering it through immediate obstacles, while keeping an eye on long-term goals.

Zumiez (ZUMZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LYNNWOOD, Wash., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2023 fourth quarter and full year results on Thursday, March 14, 2024, 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 revenues decreased in 2022 and 2023, but are expected to return to the growth path in 2024. Margins are currently depressed and could take some time to start recovering. The balance sheet is very strong as cash is high and debt non-existent.

Zumiez (ZUMZ) is navigating a complex retail environment, marked by fluctuating sales and consumer patterns. Yet, it remains poised for strategic adaptation and growth opportunities.