Business
Zumiez Inc. Announces Fiscal 2025 Second Quarter Results
Second Quarter Comparable Sales Increased 2.5%North American Second Quarter Comparable Sales Increased 4.2%Third Quarter-to-date Comparable Sales up 11.2%
About this update from Zumiez Inc.
[{"type":"text","content":"Second Quarter Comparable Sales Increased 2.5%North American Second Quarter Comparable Sales Increased 4.2%Third Quarter-to-date Comparable Sales up 11.2% LYNNWOOD, Wash., Sept. 04, 2025 (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 second quarter ended August 2, 2025. Net sales for the second quarter ended August 2, 2025 (13 weeks) increased 1.9% to $214.3 million from $210.2 million in the second quarter ended August 3, 2024 (13 weeks). Comparable sales for the thirteen weeks ended August 2, 2025, increased 2.5% on top of a 3.6% increase in the year ago period. Net loss in the second quarter of fiscal 2025 was $1.0 million, or $0.06 per share, compared to a net loss of $0.8 million, or $0.04 per share, in the second quarter of the prior fiscal year. Total net sales for the six months (26 weeks) ending August 2, 2025 increased 2.9% to $398.6 million from $387.6 million reported for the six months (26 weeks) ending August 3, 2024. Comparable sales increased 3.9% for the twenty-six weeks ended August 2, 2025. Net loss for the first six months of fiscal 2025 was $15.3 million, or $0.88 per share, compared to a net loss for the first six months of fiscal 2024 of $17.6 million, or $0.91 per share. The first six months of 2025 was negatively impacted by $3.6 million, or approximately $0.15 per share related to the settlement of a wage and hours lawsuit in California. On August 2, 2025, the Company had cash and current marketable securities of $106.7 million compared to cash and current marketable securities of $127.0 million on August 3, 2024. The decrease was primarily driven by $38.3 million related to share repurchases and $14.1 million of capital expenditures partially offset by $26.6 million of cash flow from operations and the release of $3.0 million in restricted cash. The Company repurchased 0.6 million shares during the second quarter of 2025 at an average cost including commission of $13.10 per share and a total cost of $7.8 million. Fiscal year-to-date through August 2, 2025, the Company has repurchased 2.4 million shares at an average cost including commission of $13.64 per share and a total cost of $32.8 million. $7.2 million remains on the current open repurchase authorization. Rick Brook...