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Zumiez (ZUMZ) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.67. This compares to earnings of $0.16 per share a year ago.
Zumiez's (ZUMZ) second-quarter fiscal 2023 earnings results are likely to reflect the impacts of a tough operating backdrop, including currency headwinds and inflationary pressures.
LYNNWOOD, Wash., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2023 second quarter results on Thursday, September 7, 2023, 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 (ZUMZ) is poised to benefit from its store-optimization efforts, consumer-centric approach and merchandise initiatives. However, the soft demand environment is concerning.
Zumiez is a lifestyle retailer that has sold off 70% from 2021 highs due to recessionary fears surrounding discretionary companies and small caps. The company has a proven track record of surviving and thriving through business cycles. Zumiez's earnings fundamentals are expected to improve significantly in the next ~12-24 months, with a potential upside of 70%.
Zumiez (ZUMZ) reports soft earnings performance for first-quarter fiscal 2023 due to continued inflationary pressures. Also, foreign currency acted as a deterrent.
Zumiez Inc. (NASDAQ:ZUMZ ) Q1 2023 Earnings Conference Call June 1, 2023 5:00 PM ET Company Participants Rick Brooks - CEO Chris Work - CFO Conference Call Participants Richard Magnusen - B. Riley Mitch Kummetz - Seaport Operator Good afternoon ladies and gentlemen and welcome to the Zumiez Inc., First Quarter Fiscal 2023 Earnings Conference Call.
Zumiez (ZUMZ) came out with a quarterly loss of $0.96 per share versus the Zacks Consensus Estimate of a loss of $0.87. This compares to loss of $0.02 per share a year ago.
LYNNWOOD, Wash., May 18, 2023 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) today announced it will report fiscal 2023 first quarter results on Thursday, June 1, 2023, 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 (ZUMZ) fourth-quarter fiscal 2022 results were hurt by inflationary pressures, a promotional landscape, increased costs and foreign currency headwinds.