Preview - Please log in to view full article.

Article Date: June 2024
Word Count: 344

Zumiez Comps Higher in North America


Net loss at the teen retailer narrowed by 9% to $16,780,000 in Q1 from a loss of $18,382,000 last year, as revenues slipped 3% to $177,388,000 from $182,887,000 with -2.4% comps, but the U.S. returned to comp growth for the first time since 2021. Same store sales were +0.3% in North America, though store closures sent revenues down 1% to $142.7 million, driven by growth in men’s and women’s, while hardgoods remained especially weak, decelerating from Q4 as cold weather abated. Accessories and footwear also comped lower. Average unit retail and ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.