Financial reporting

Zumiez braces for FY loss despite higher Blue Tomato sales

By 2023-12-01T07:47:00

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Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...

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