Zumiez Inc. (NASDAQ:ZUMZ) Q1 2024 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Rick Brooks - CEO Chris Work - CFO Conference Call Participants Mitch Kummetz - Seaport Richard Magnusen - B. Riley Operator Good afternoon ladies and gentlemen and welcome to the Zumiez Inc. First Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of this conference. Before we begin, I'd lik ...

EXHIBIT 99.1 Zumiez Inc. Announces Fiscal 2024 First Quarter Results Board Approves New Stock Repurchase Authorization LYNNWOOD, Wash., June 06, 2024 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ), a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the first quarter ended May 4, 2024. Net sales for the first quarter ended May 4, 2024 (13 weeks) decreased 3.0% to $177.4 million from $182.9 million in the first quarter ended April 2 ...

Zumiez Inc. (NASDAQ:ZUMZ) Q4 2023 Results Conference Call March 14, 2024 5:00 PM ET Company Participants Rick Brooks - Chief Executive Officer Chris Work - Chief Financial Officer Conference Call Participants Corey Tarlowe - Jefferies Mitch Kummetz - Seaport Operator Good afternoon, ladies and gentlemen. And welcome to the Zumiez Inc. Fourth Quarter Fiscal 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] Before we begin, I'd like to remind ever ...

EXHIBIT 99.1 Zumiez Inc. Announces Fiscal 2023 Fourth Quarter Results LYNNWOOD, Wash., March 14, 2024 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the fourth quarter and fiscal year ended February 3, 2024. Net sales for the fourth quarter ended February 3, 2024 (14 weeks) increased 0.6% to $281.8 million from $280.1 million in the fourth quarter ended January 28, 2023 (13 weeks) ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: February 3, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Commission File Number: 000-51300 ZUMIEZ INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 4001 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 28, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-51300 ZUMIEZ INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No. ...

Financial Data and Key Metrics Changes - Third quarter net sales were $216.3 million, down 8.9% from $237.6 million in Q3 2022, with comparable sales down 9.2% [14] - Gross profit was $73.2 million, compared to $82 million in Q3 2022, with gross profit as a percentage of sales at 33.8%, down from 34.5% [19] - Operating loss in Q3 2023 was $0.2 million, compared to an operating profit of $10.4 million in Q3 2022, resulting in a net loss of $2.2 million or $0.12 per diluted share [23] - Cash and current marketable securities were $135.8 million as of October 28, 2023, down from $141.1 million a year ago [24] Business Line Data and Key Metrics Changes - North America net sales were $181.6 million, a decrease of 12% from 2022, while other international net sales increased by 11.1% to $34.8 million [16] - All categories saw declines in comparable sales, with footwear being the most negative, followed by women's, accessories, and hardgoods, while men's category was down only low single digits [17] - For the fourth quarter-to-date, total sales decreased 4.6% compared to the same period last year, with comparable sales down 6% [26] Market Data and Key Metrics Changes - North America net sales for the 31-day period ended November 28, 2023, decreased 7.3% over the same period last year, while other international business increased 6.2% [27] - The men's category had positive comparable sales quarter-to-date, while all other categories were down [29] Company Strategy and Development Direction - The company is focused on adjusting merchandise mix and brand assortments to meet customer demand and enhance value through private label brands [7] - Strategic priorities include investing in people, optimizing performance by trade area, and continuing international expansion [11] - The company plans to open 19 new stores in FY 2023, including five in North America, ten in Europe, and four in Australia [38] Management's Comments on Operating Environment and Future Outlook - Management noted that the operating environment remains challenging, particularly in the U.S., with inflationary pressures affecting discretionary spending [5] - The company anticipates total sales for the fourth quarter to be between $275 million and $281 million, with product margins expected to decline approximately 110 basis points from the previous year [33] - For fiscal 2023, the company expects total sales to be down in the 8.7% to 9.3% range compared to 2022 [34] Other Important Information - The company ended the quarter with $175.9 million in inventory, down 0.7% compared to the previous year [25] - The company is experiencing a more optimal lease expense environment and is evaluating potential store closures [66] Q&A Session Summary Question: Can you elaborate on the positive trend in footwear? - Management indicated that the improvement in footwear is driven by new product and full-price sales, with a combination of moving old inventory [41][44] Question: What is the macro outlook for Europe and snow exposure? - Management noted challenges in Europe due to inflation but expressed hope for improved disposable income as inflation rates decline [49][51] Question: How is inventory positioned versus last year and promotional cadence? - Management stated that overall inventories are down 0.7%, with a more promotional approach planned compared to last year [58][60] Question: What trends are working for men's and holiday trends? - Management highlighted the strength of the core male consumer and positive trends in emerging brands, with expectations for strong sales leading up to Christmas [75][84] Question: What is the outlook for skate hardgoods? - Management acknowledged that skate hardgoods are at a low penetration level but suggested that finding the bottom could lead to stabilization before a potential upcycle [93]

Zumiez Inc. (NASDAQ:ZUMZ) Q2 2023 Earnings Call Transcript September 7, 2023 5:00 PM ET Company Participants Rick Brooks - CEO Chris Work - CFO Conference Call Participants Mitch Kummetz - Seaport Jeff Van Sinderen - B. Riley Corey Tarlowe - Jefferies Operator Good afternoon, ladies and gentlemen, and welcome to the Zumiez's Inc. Second Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions]. Before we begin, I'd like to remind everyone of the company's safe harbor language. Today's conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JULY 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-51300 ZUMIEZ INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) W ...

FOR THE QUARTERLY PERIOD ENDED APRIL 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-51300 ZUMIEZ INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) ...