Zumiez, Inc. (ZUMZ) Misses Q1 EPS by 10c

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Go back to Zumiez, Inc. (ZUMZ) Misses Q1 EPS by 10c

Zumiez Inc. Announces Fiscal 2023 First Quarter Results

June 1, 2023 4:05 PM EDT

LYNNWOOD, Wash., June 01, 2023 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the first quarter ended April 29, 2023.

Net sales for the first quarter ended April 29, 2023 (13 weeks) decreased 17.1% to $182.9 million from $220.7 million in the first quarter ended April 30, 2022 (13 weeks).   Net loss in the first quarter of fiscal 2023 was $18.4 million, or $0.96 loss per diluted share, compared to a net loss of $0.4 million, or $0.02 loss per diluted share, in the first quarter of the prior fiscal year.

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