Zumiez Inc.
ZUMZZumiez Inc. is an American retailer specializing in casual apparel, footwear, and accessories targeted primarily at youth and young adults. Founded in 1978, the company operates stores across North America and online, offering merchandise from brands related to skate, snowboard, and surf lifestyles. Zumiez is known for its focus on youth culture and alternative fashion trends.
Company News
U.S. stock futures recovered early losses ahead of the Federal Reserve's PCE inflation data. Netflix announced an $82.7 billion deal to acquire Warner Bros Discovery, while job cuts fell 53% month-over-month in November. Markets anticipate potential interest rate cuts in December.
Two apparel retail stocks, Zumiez and Shoe Carnival, are experiencing significant drops in their growth metrics due to underwhelming financial performance and market challenges.
US stock futures are down ahead of the upcoming jobs report, with the Nasdaq and S&P 500 futures declining. Traders are cautious due to concerns about the economic outlook and the Federal Reserve's policy trajectory.
Explore Zumiez's (ZUMZ) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Zumiez (ZUMZ) posts lower sales in first-quarter fiscal 2024 due to a comparable sales decline of 2.4%. It reports a narrower-than-expected loss per share.
