Zumiez(US:ZUMZ) Globenewswireยท2025-09-04 20:05Core Insights - Zumiez Inc. reported a 1.9% increase in net sales for Q2 2025, reaching $214.3 million compared to $210.2 million in Q2 2024, with comparable sales up 2.5% on top of a 3.6% increase in the previous year [2][3] - The company experienced a net loss of $1.0 million, or $0.06 per share, in Q2 2025, compared to a net loss of $0.8 million, or $0.04 per share, in Q2 2024 [2] - For the first six months of fiscal 2025, net sales increased 2.9% to $398.6 million, with a net loss of $15.3 million, or $0.88 per share, an improvement from a net loss of $17.6 million, or $0.91 per share, in the same period last year [3][4] Financial Performance - Gross profit for Q2 2025 was $76.0 million, representing a gross margin of 35.5%, compared to a gross profit of $71.8 million and a margin of 34.2% in Q2 2024 [15] - Total liabilities decreased to $330.9 million as of August 2, 2025, from $349.7 million a year earlier, while total assets were reported at $623.4 million [18][19] - The company had cash and current marketable securities of $106.7 million as of August 2, 2025, down from $127.0 million a year prior, primarily due to share repurchases and capital expenditures [4] Sales Trends - North American comparable sales increased by 4.2% in Q2 2025, with a notable acceleration in sales trends leading to an 11.2% increase in comparable sales for the third quarter to date [1][6] - The company anticipates net sales for Q3 2025 to be between $232 million and $237 million, with expected comparable sales growth of 5.5% to 7.5% [7] Strategic Initiatives - Zumiez plans to open approximately 6 new stores in fiscal 2025, including 5 in North America and 1 in Australia, as part of its growth strategy [8] - The CEO expressed optimism about the upcoming holiday season, citing strong back-to-school performance and the success of recent merchandise and customer experience initiatives [5]