Zumiez Earnings Call Transcripts
Fiscal Year 2027
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Q2 sales declined 2.5% year-over-year, driven by U.S. softness, especially in footwear, while international markets posted growth. Gross margin and operating results declined, and Q3 guidance anticipates further sales and margin pressure. Inventory and financial position remain solid.
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Q1 saw 4% comp sales growth and margin expansion, led by strong private label and European gains. Guidance for Q2 is cautious due to consumer headwinds, with full-year sales growth expected but softer than prior outlook. Cash position remains robust.
Fiscal Year 2026
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Q4 and fiscal 2025 saw strong sales and margin gains, led by North America and improved European profitability. Private label growth, disciplined expense management, and a robust balance sheet support continued expansion, despite macroeconomic uncertainties.
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Third quarter saw strong sales and margin growth, led by North America and private label gains, with Q4 and full-year guidance reflecting continued momentum but caution due to macro uncertainty. Inventory and cash positions remain robust, and store closures are planned to optimize performance.
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Second quarter results exceeded expectations, led by North America and strong private label growth. Guidance for Q3 and full-year 2025 anticipates continued sales and margin improvements, despite international headwinds and macroeconomic uncertainty.
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First quarter sales and profitability exceeded guidance, driven by strong North American performance and private label growth, despite international headwinds and a one-time legal settlement. Sourcing diversification and disciplined cost management are expected to support margin expansion and a return to profitability in 2025.
Fiscal Year 2025
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Fourth quarter saw a 5.9% rise in comparable sales and a doubling of operating profit, driven by gross margin gains and cost controls. Full-year sales grew 1.6% with improved profitability, while 2025 guidance anticipates modest growth amid ongoing store closures and macro uncertainty.
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Q3 saw 7.5% comp sales growth, led by North America, with improved margins and EPS at $0.06. Q4 guidance anticipates 6–7.5% comp growth and higher product margins, while store optimization and tariff risks remain key focus areas.
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Second quarter sales and profitability exceeded expectations, driven by strong North American performance and positive back-to-school momentum. Guidance calls for continued sales and margin growth, with ongoing cost controls and a focus on optimizing the store footprint.
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First quarter sales and EPS exceeded guidance despite a 3% sales decline, with North America comps turning positive and gross margin improving. Strategic focus on private label, new brands, and cost controls is driving better profitability, and the outlook anticipates sales growth and margin expansion in 2024.