Zumiez Fiscal Q4 Swings to Profit, Net Sales Decline; Sets Fiscal Q1 Outlook

MT Newswires Live
03-14

Zumiez (ZUMZ) reported fiscal Q4 earnings late Thursday of $0.78 per diluted share, swinging from a loss of $1.73 a year earlier.

One analyst polled by FactSet expected earnings of $0.83.

Net sales in the three months ended Feb. 1 fell to $279.2 million from $281.8 million a year earlier.

Two analysts surveyed by FactSet expected $279.4 million.

For fiscal Q1, the company expects a loss of $0.72 to $0.82. Analysts' estimates weren't available. The company expects Q1 net sales of $179 million to $183 million. One analyst polled by FactSet expects $173.8 million.

Zumiez said it approved on Wednesday the buyback of up to $25 million common stock through March 31, 2026.

Shares of the company fell 6.1% in after-hours activity.

Price: 12.00, Change: -0.78, Percent Change: -6.10

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