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Zumiez Finds Silver Linings in Earnings, Corporate Skate Shop Got Hope

Zumiez's sales goes up to 6.0% - 7.5%.
ShreddER February 3, 2025
Zumiez Skate Shop
@zumiez.com

Zumiez is kicking off 2025 with some good vibes after a strong Q3 in 2024. The company saw a 7.5% jump in comparable sales, bringing their net sales up to $222.5 million.

According to the press release, the gross margin climbed to 35.2%, and earnings per share hit $0.06, bouncing back nicely from last year’s losses. These results show that the brand is on a steady upswing as it refines its strategy and product lineup.

CEO Rick Brooks attributes Zumiez’s success to its focus on boosting North American sales, particularly in apparel and footwear.

The back-to-school rush and early holiday shopping really sparked demand, which adds to the confidence in the company’s direction. With strong customer engagement and a fresh product lineup, Zumiez looks ready to keep growing.

Looking ahead, the company expects sales to rise by 6.0% to 7.5% in Q4, with earnings per share projected between $0.83 and $0.93.

Zumiez is also expanding by opening six new stores in 2024, with another on the way before the year ends. This global expansion fits perfectly with the company’s goal of offering curated fashion and a great shopping experience.

With a solid financial foundation, smart store openings, and increasing digital engagement, Zumiez is set up for a bright 2025.

With a loyal customer base and a clear vision, the company is ready to build on its recent wins and take advantage of new opportunities in the year ahead.

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