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Feb 02, 2025
Zumiez Q4 2025 Earnings Report
Zumiez reported a substantial improvement in fourth quarter operating profitability, driven by significant gross margin expansion and a meaningful reduction in operating expenses.
Key Takeaways
Zumiez Inc. announced its fiscal 2024 fourth quarter results, showing a 5.9% increase in comparable sales and a significant improvement in net income to $14.8 million, or $0.78 per share, compared to a net loss in the prior year. The company also reported a 190 basis point increase in gross margin.
Fourth quarter comparable sales increased by 5.9%.
Gross margin for the fourth quarter increased by 190 basis points to 36.2%.
Net income for the fourth quarter was $14.8 million, or $0.78 per diluted share, a significant improvement from a net loss of $33.5 million in the prior year.
The Board of Directors approved a new stock repurchase authorization of up to $25 million.
Forward Guidance
For the first quarter ending May 3, 2025, Zumiez projects net sales between $179 million and $183 million, with an expected loss per share between $0.72 and $0.82. The company also plans to open approximately 9 new stores in fiscal 2025.
Positive Outlook
- Projected net sales for Q1 2025 are between $179 million and $183 million.
- Company intends to open approximately 9 new stores in fiscal 2025.
- Up to 6 new stores are planned for North America.
- 2 new stores are planned for Europe.
- 1 new store is planned for Australia.
Challenges Ahead
- Expected loss per share for Q1 2025 is between $0.72 and $0.82.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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