Zumiez Inc. Reports Third Quarter and Nine Months Fiscal 2025 Financial Results

On January 13, 2025, Zumiez Inc. (NASDAQ: ZUMZ) released its third quarter and nine months fiscal 2025 financial results. The company reported a net sales decrease to $5,191,000 for the third quarter of fiscal 2025 compared to $5,690,000 in the prior year, marking a 9% decline. However, the sales in the first nine months of fiscal 2025 showed an increase of 3% to $15,383,000.

The company witnessed a decrease in gross profit to $2,343,199 in the third quarter of fiscal 2025 compared to $2,926,009 in the prior year period. Operating income also saw a decline to $197,637 from $720,522 in the third quarter of fiscal 2024. The net income for the third quarter of fiscal 2025 decreased by 60% to $274,178 compared to $690,169 in the prior year period.

In terms of product sales, Integrated Coating Systems decreased by 94%, while Multi-Axis Coating Systems showed a 20% increase, reaching $3.56 million. Additionally, sales to the Alternative/Clean Energy market grew by 42% to $3.0 million. The company also highlighted a 24% increase in the “Other” revenue category, driven by spare parts and service-related activities.

Zumiez Inc. showcased sales trends across various markets, with changes in the Electronics/Microelectronics and Medical sectors declining by 26% and 33%, respectively. However, sales to the Alternative Energy sector surged by 42%, contributing significantly to the overall revenue.

Geographically, sales to the U.S. & Canada decreased by 17%, while Asia Pacific (APAC) sales surged by 64%. Europe, Middle East, Asia (EMEA) experienced a 35% decrease in sales, while Latin American sales spiked by 165% due to a large order in the medical device sector.

As of November 30, 2024, Zumiez Inc. had no outstanding debt and held $12.7 million in cash, cash equivalents, and marketable securities. The company continues to work on leveraging its innovative technologies and proprietary know-how to drive growth and development in thin film coating technologies.

For more detailed financial information, interested individuals can visit the company’s website or contact the Investor Relations team.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Zumiez’s 8K filing here.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.