ZUMZ Earnings Prediction
The chart below shows how ZUMZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ZUMZ sees a +5.18% change in stock price 10 days leading up to the earnings, and a -6.24% change 10 days following the report. On the earnings day itself, the stock moves by -3.56%. This data can give you a slight idea of what to expect for the next quarter's release.
ZUMZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
216.34M
-8.94%
11.26%
Gross Margin
33.84%
-1.94%
6.68%
Operating Margin
-0.07%
-101.59%
-98.70%
Net Margin
-1.03%
-135.27%
-76.48%
EPS
-0.12
-133.33%
-72.73%
No Data Available
ZUMZ Earnings Analysis
Zumiez Inc. Corporation (ZUMZ.O) Earnings Conference Call
Positive
Comparable Sales Increase: Our third quarter results demonstrate further progress towards our goal as comparable sales increased 7.5%.
Sales Performance Analysis: Total sales of $222.5 million were in the middle of our guidance range as warm weather in Europe hampered demand for snow-related apparel and hard goods late in the quarter.
Earnings Guidance Achieved: We reached the high end of our guidance range for earnings at $0.06 per share, much the same as the prior quarter.
Men's Category Growth Momentum: Our men's category continued its positive momentum growing year-over-year for the fourth consecutive quarter at an accelerating pace.
Brand Expansion Strategy: We are on track to introduce well over 100 new brands in 2024 following the launch of 150 brands in 2023.
Negative
Sales Performance Analysis: Total sales of $222.5 million were in the middle of our guidance range as warm weather in Europe hampered demand for snow-related apparel and hard goods late in the quarter.
Retail Calendar Impact: The shift in the retail calendar had a negative impact on our results, decreasing net sales growth by approximately 510 basis points during the third quarter.
Comparable Sales Analysis: Comparable sales results as reported considering the calendar shift and represent a more accurate measure of operating results.
North American Business Strength: Our third quarter performance was driven by our North American business, which was positive for the third consecutive quarter. This strength was partially offset by a decline in international sales as we put greater emphasis on full price selling in Europe, which benefited margins but pressured our top line.
Inventory Increase Analysis: We ended the quarter with $187.2 million in inventory, up 6.5% compared to the $175.9 million last year. On a constant currency basis, our inventory levels were up 5.6% from last year.
ZUMZ FAQs
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ZUMZ Earning Call Sentiment
Zumiez Inc. (ZUMZ) Q3 2024 Earnings Call Transcript
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ZUMZ.O
1.19%Positive
The earnings call presents a mixed picture: positive financial performance with increased sales and profitability, but challenges such as competitive pressures, regulatory risks, and store closures. The Q&A reveals management's cautious optimism and strategic focus on key periods like Christmas. However, concerns about inventory management and unclear guidance on promotional strategies temper enthusiasm. The lack of clear guidance, combined with market uncertainties, suggests a neutral stock price movement over the next two weeks, with potential fluctuations around key shopping periods.
