ZUMZ Posts Wider-Than-Expected Q1 Loss, 5.5% Y/Y Rise in Comps
Key Takeaways ZUMZ reported a Q1 loss of 0.86 loss. Comparable sales rose 5.5% Y/Y, led by higher dollars per transaction and strength in North America. The gross margin grew 70 bps to 30% on better store occupancy leverage. Women's comps outpaced all categories.Zumiez Inc. (ZUMZ) reported first-quarter fiscal 2025 results, wherein the top line surpassed and the bottom line lagged the Zacks Consensus Estimate. However, both metrics improve ...