Zumiez Shares Drop 12% After 4Q Sales, EPS Guidance Cut

Dow Jones

01/14

By Chris Wack

Zumiez shares were down 12% to $16.54 after the retailer cut its fourth-quarter sales and earnings per share guidance.

The apparel and footwear company said it expects fourth-quarter sales to be $275 million to $277 million, compared with previous guidance of $284 million to $288 million. Analysts polled by FactSet are looking for quarterly sales of $285.5 million.

The Lynnwood, Wash., company also said it is looking for earnings of 72 cents to 77 cents a share, down from its previous guidance of 83 cents to 93 cents a share. Analysts are looking for earnings of 83 cents a share.

Zumiez said it cut guidance because comparable sales for the Dec. 2024 holiday period were lower than expected. North America comparable sales were up 6.9%, and international sales were up 1.1% over the previous holiday period. the company said accessories was its most negative category, followed by hardgoods.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

January 13, 2025 11:00 ET (16:00 GMT)

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Analysts polled by FactSet are looking for quarterly sales of $285.5 million. \n</p>\n<p>\n  The Lynnwood, Wash., company also said it is looking for earnings of 72 cents to 77 cents a share, down from its previous guidance of 83 cents to 93 cents a share. Analysts are looking for earnings of 83 cents a share. \n</p>\n<p>\n  Zumiez said it cut guidance because comparable sales for the Dec. 2024 holiday period were lower than expected. North America comparable sales were up 6.9%, and international sales were up 1.1% over the previous holiday period. the company said accessories was its most negative category, followed by hardgoods. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 13, 2025 11:00 ET (16:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZUMZ","symbol_name":"Zumiez Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503844865","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503844865","pubTimestamp":1736784000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Zumiez shares were down 12% to $16.54 after the retailer cut its fourth-quarter sales and earnings per share guidance.The apparel and footwear company said it expects fourth-quarter sales to be $275 million to $277 million, compared with previous guidance of $284 million to $288 million. 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