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Zumiez (DE:ZM3)
:ZM3
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.64Last Year’s EPS
-0.79Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 05, 2024
|% Change Since: -2.48%
|Next Earnings Date:Mar 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive trends in comparable sales growth, operating profitability, and strategic initiatives like private label expansion. However, challenges were noted in international markets and holiday season sales shortfalls. The company's strong cash position and margin improvements are positive, but the increased inventory levels and ongoing store closures present concerns.Company Guidance
During Zumiez Inc.'s Fourth Quarter Fiscal 2024 Earnings Conference Call, the company provided several key metrics and guidance for the upcoming year. The company reported a 5.9% increase in comparable sales for the fourth quarter, leading to total sales of $279 million, which was above the high end of their revised guidance. Operating profit more than doubled to $20 million, and EPS increased by 95% to $0.78 after adjustments. For the full fiscal year 2024, Zumiez reported net sales of $889.2 million, a 1.6% increase despite closing 33 stores, with a gross margin improvement to 34.1%. The company anticipates sales growth of 1% to 3% in Q1 2025, with comparable sales expected to rise between 3% and 5%. Looking ahead to fiscal 2025, Zumiez aims to grow total sales despite the planned closure of 20 stores and anticipates further leverage in gross margin and stable SG&A costs. The company plans capital expenditures between $14 million and $16 million and expects to increase operating margins for the year with a focus on strategic investments, private label expansion, and enhanced customer engagement.Positive Comparable Sales Growth
Zumiez reported a 5.9% increase in comparable sales for the fourth quarter, marking the third consecutive quarter of positive comparable sales growth.
Significant Improvement in Operating Profitability
Operating profit more than doubled to $20 million, and EPS increased 95% to $0.78 after adjustments.
Strong Performance in Core Categories
Men's and women's categories showed strong momentum, with women's becoming the largest growth category for the quarter.
Private Label Expansion
Private label business grew to nearly 28% of total sales, up from 23% in 2023.
Gross Margin Expansion
Gross margin increased by 190 basis points to 36.2%, driven by improvements in product margin and web shipping costs.
SG&A Expense Reduction
SG&A expenses decreased by 1,690 basis points, with significant contributions from cost management and the absence of previous goodwill impairment charges.
Strong Cash Position
Zumiez ended the year with cash and current marketable securities of $147.6 million and no debt on the balance sheet.
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DE:ZM3 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:ZM3 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | €12.10 | ― | ― |
| Dec 05, 2024 | €21.60 | €20.00 | -7.41% |
| Sep 05, 2024 | €23.80 | €23.20 | -2.52% |
| Jun 06, 2024 | €17.70 | €17.20 | -2.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Zumiez (DE:ZM3) report earnings?
Zumiez (DE:ZM3) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Zumiez (DE:ZM3) earnings time?
Zumiez (DE:ZM3) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Zumiez stock?
The P/E ratio of Zumiez is N/A.
What is DE:ZM3 EPS forecast?
DE:ZM3 EPS forecast for the fiscal quarter 2025 (Q1) is -0.64.
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