What's Behind Zumiez's Gross Margin Growth Amid Tariff Pressures?

Key Takeaways Zumiez Inc. (ZUMZ) reported gross profit of $55.3 million in the first quarter of fiscal 2025, a 6.6% increase from $51.9 million in first-quarter fiscal 2024. Gross margin rose to 30%, up from 29.3% in the same quarter last year. This 70-basis point improvement was primarily driven by leverage on store occupancy costs as a result of increased sales volume. A significant contributor to this margin expansion was Zumiez's continued focus on full-price selling, particularly in its North America o ...