Zumiez Inc. (ZUMZ) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to Zumi, Inc.' 's fourth quarter fiscal 2024 earnings conference call. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of this conference. Before we begin, we would like to remind everyone of the company's safe harbor language. Today's conference call includes comments concerning Zumi, Inc., business outlook, and contains forward-looking statements. These forward-looking statements and all other statements made on this call that are not based on historical facts are subject to risk and uncertainties. Actual results may differ materially. Additional information concerning a number of factors that could cause actual results to differ materially from the information that will be discussed is available in Zumi's filings with the SEC. At this time, I would like to turn the call over to Rick Brooks, Chief Executive Officer. Mr. Brooks? Hello, and thank you, everyone, for joining us on today's call. With me today is Chris Work, our Chief Financial Officer. I'll begin with a few remarks about fourth quarter performance before touching on our strategic priorities for 2025. Chris will then take you through the financials and our outlook for the year ahead. After that, we'll open the call to your questions. Our fourth quarter results demonstrate meaningful progress in our efforts to improve profitability despite an unexpected lull in demand during the middle of the holiday season. Comparable sales increased 5.9%, marking our third consecutive quarter of positive comparable sales growth. Total sales were $279 million, which was $7 million below the midpoint of our initial guidance range and $2 million above the high end of our revised guidance provided at the...