Earnings call transcript Q2 2023

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Operator

Good afternoon, ladies and gentlemen, and welcome to the Zumiez's Inc.

Second Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions].

Before we begin, I'd like to remind everyone of the company's safe harbor language. Today's conference call includes comments concerning Zumiez's Inc. forward-looking contains and outlook statements. business

risks and These be historical statements results to may other on forward-looking facts differ this subject on statements made based call that not Actual all that materially. uncertainties. and are may are

number information information the with could cause materially will the Zumiez's filings be discussed SEC. factors actual Additional of that to results a differ in concerning that from is available

to Brooks, At Chief turn floor I this like the Brooks, Mr. would to Executive over yours. Officer. the call is Rick time,

Rick Brooks

Hello, who thank With and begin quarter remarks And on will Financial Work, you some everyone. few you financials on of and third for year. second I'll the me of our the the joining call. today's Officer. take back-to-school Chris the a the handing us call start the with Chris, today the through is thoughts and before about the season the quarter Chief rest call to over

to After that, we'll questions. open call up your the

in back quarter trend have our of improved previous the forecasted levels. continued from second and quarter you finished said, The prior-year below May, our the with line ahead That inflationary As weighing track sales competition to clear excess significant consumer results remains environment impacts and continued U.S. travel guidance. with discretionary of multiyear spending, and on discounting to operating on spending experiences, in levels challenging higher inventories. our

come expect they and assortments to know service customer from is to these close and the providing does as up focus our the full-price on to ensure positioning market adjusting differentiated that set well model, backdrop experience not means business conditions world-class we market this diverse cycles conditions staying our And, This us. best to While customers, are improve. for we down from seek, have on merchandise our our they've temporary. capitalize selling

the XXXX. positioned plan further be has moderation the as done for we're quarter. in our we business has higher improvement continued of second March season we against trend we results earnings third move our QX back-to-school the work sales this And, progress in the we've volumes. quarter the second want The in where we perspective, a sequential half the in While in into year and in not from to made the outlined in

Through and down compared Labor quarter-to-date third Day, X.X% down sales with in in are XX.X% QX. XX.X% QX

good season. that a holiday indicator we're period for selling in demand, coming about business Given continued optimistic has historically through the back-to-school holiday the improvement peak been this

emerge even half, For I'm confident will stronger. by this turbulent the we that first period the tough from but course, staying

the our This our diligent we while focusing means will our the in we with spending, short control. can significant term what on shareholders carefully being customers for benefits and believe strategic create managing investments long-term that

as include to product forward quickly them continued ensuring we of are to and investments in the and as right best-in-class believe trade customers people have we strategic important number push serve getting through in right Some investment each market our stores performance in to training by that possible. of the serve the optimizing the our right places mentoring; long-term area

focus shopping to Continuing them with innovative and margins; new flexibility, speed to to a that work approaches in with increasing Europe and ways human-to-human on customers engage and with brands international increase enhance while with our continuing connections investing generate the our expansion, in experience; Australia.

opportunity customers globally, our serve grow and and to provides both and international locally emerge brands that us our brand partners. better our presence know We

and businesses increasing we across our we other North about with total America, While comparable of feel we we over optimize this sales internationally many in where initiatives operations X% have increasing these first-half continue made the proven progress international to good year, the XX%. sales

dedication. organization over turn call for everyone our to like work in I and would I thank hard Chris, to the their Before continued

foundation the its and years Zumiez's shareholders come. our reason continue will history value long-term of for culture for to certain the of I'm unique delivering that You're

now that, discuss With will the financials. Chris

Chris Work

then and third second how sales some going update good I'll our Rick, on thinking an afternoon, we're year. Thanks, everyone. I'm providing provide quarter-to-date the a review trends to before with our full perspective results. quarter start on about of

Second million, sales in $XXX.X quarter were the of $XXX from down quarter second net XX.X% million XXXX.

driven down North our more for other The favorable sales the business. results by were quarter. sales in Comparable for business, international by offset XX% decrease America was our primarily

driven to higher ongoing spending, continued discretionary pressure, primarily and inflationary market. During competition softer see the for of in increased the by quarter, we levels sales, discounting

$XXX.X of a Europe XX.X% year. XXXX. XX.X% perspective, sales, sales Australia, and international regional American net million, From from were net decrease from last Other of North $XX.X up were consist a which million,

foreign of translation, increased increased net impact sales international other with XX.X% America XXXX. and the sales Excluding currency compared XX.X% North net

sales quarter Comparable the sales America the down XX.X%, for goods from being all year prior up X.X% a and our accessories, followed quarter. perspective, comparable international North were for and comparable by with for women's most categories were were during down the sales other category men's. negative, hard in From footwear,

were retail, a driven unit in per decrease dollars offset in by transaction. partially up for increase the by per quarter, transaction an Total average unit

quarter with of Second Gross in quarter million the the a for of XX.X% XX.X% as compared compared XXXX. sales in gross quarter second $XX.X was the year. quarter to profit second of was $XX.X profit million percentage last

XX The XXX-basis decreased private driven driving margin basis driving label this as point and basis gross lower were on deleveraged and points. product points store follows: costs. basis was on occupancy fixed the change deleverage costs by primarily sales XX a points, by sales in key deleveraged decrease XXX by lower in areas our buying margins costs by quarter, The volumes,

not a SG&A of second by decrease web SG&A to points of net of or shipping sales increase to as partially million XX in percent XXX The quarter hours the was or rates of wage point by due lower store the decreases costs point reduction; to of a million expenses net driven as as both shrinkage. sales ago. point that a of margin increase deleverage $XX.X compared offset following: basis by be increases well XX.X% wages could on sales basis $XX.X sales in net of a due year point training gross basis XXX increase These XXX basis increase and XX due increase and in in was to XX-basis wages; expense basis events a and XX.X% to deleverage inventory in decrease event timing. in offset non-store operating were nonwage store point costs; point basis in XX

second second quarter second $X.XX sales XXXX of profit last share. share or of Operating compared was per million $X.X million $XX.X million net of or or for diluted net of the quarter compares loss loss Net net This income $X.XX operating was the X.X% in $X the year. million with sales XXXX. X.X% of to or of $X.X quarter for per

effective tax the The the due quarter of our rate of decrease the in X.X% jurisdictions losses year-ago effective for to rate in for XXXX allocation was benefit taxes was operate. in XX.X% in primarily we which period. Our increase those compared losses second with across income tax provision and net

Turning to the balance sheet.

expenditures marketable the compared cash ended million over business of of The The driven as XX, million as the financial XX current XX, had strong months primarily $XX.X July a of $XX.X of $XXX position. trailing July XXXX. cash was current $XXX.X securities million. XXXX, million to and quarter increase in by and securities capital marketable in We

to our the debt no unused We facility. with XX, we July on maintain have and XXXX, in balance the of full sheet $XXX.X credit inventory, quarter As million up continue ended America $XXX.X North increases international in down is to business, in the year. Inventory compared primarily from our X.X% by million last while was prior inventory growth driven year. store count X.X%

inventory our last levels from a year. currency were On constant up basis, current X.X%

Now XX-day from prior ended prior from down XXXX, XXXX. year. ended X, the period period for in in the to were results. comparable the our September year in September the XXXX, XX-day X, same -- September X.X% period sales quarter-to-date X, Net decreased compared the to Comparable third X.X% for the sales XX-day period

a From year. the ended comparable decreased last last American sales our North X, versus XX-day XX.X% international XXXX, business XX.X% September net period other for And, perspective, over business period year. regional the increased for

America sales North X.X% of XXXX. currency impact increased with and decreased compared the other net X.X% net international Excluding foreign sales translation,

in unit impact XXXX, product everyone of From other margin, hard XXXX, driven and period our September of given retail earnings positive and most to for outlook women's, both involves a in Footwear the external that to our by guidance was category With some that sales, remind respect our for units estimated our transaction. internal and the variety the increase inherent factors complexity ended comp quarter for per were dollars formulating per I third category period, all followed performance. by growth the want goods. uncertainty negative. and X, fiscal a Total and in accessories, were men's had category perspective, while up categories negative an the XX-day transaction average

are to continued levels QX-to-date to trends the trending the and the experienced quarter, remains high progress Our in have but demand inflation of below first continued as on still from consumer under pressure results spending. discretionary impact year-ago incremental show second

million. quarter that With third between mind, and the planning $XXX total will sales be are for million in we $XXX

our XXXX between quarter are the of be X.X%. Consolidated will primarily We sales be negative quarter slightly X.X% mix down third operating for expect year-over-year. third to the expected of quarter margins due XXXX, that margins fiscal from and product negative third the to

cost earnings to the due a on structure is to share. lower decline base, anticipate with of the Similar we loss the a coupled $X.XX And margin $X.XX deleveraging per in half, pressure. largely sales to first

operating the be areas fixed by that such mall and in across expense, costs our as business, hours, are biggest other tied occupancy continue Our deleverage payroll corporate fixed costs store costs. of hours to to driven base

want guidance the volatility will year, our been the to throughout the environment, do from annual currently to I uncertainty giving has specific but As year. provide how macro the we financial believe business are some in and we trend practice this around refraining context due

through 'XX and to We that stronger results line the compared have as continue the move seen through results. to of to half year prior trend we moved year sales XXXX as of the have back fiscal when we expect the get

of market XXXX, XX of by down which impacted decrease half right-size as was the this anticipate consecutive run from basis remains was the by driven down increased the points inventory, of prior year-over-year In XXXX discounting The product product inventory majority and fourth as through also promotional. were work would fiscal product we margin, balance. work six aged to quarter our margins after to year XXXX the front years growth. we continue in We margin

first from impact XXXX, fiscal of first as has sales. the total of a decreased product and international points margin XXXX, XX lower which six margin half percentage mixed For basis of a business, which the our included the months is growing of

of and inventories come year, easier. as margins stabilize the the to line transition we we back in could get As half product that believe comparisons

in decline sales when sales sensitive sales XXXX and year-to-date Our to was while leverage. fiscal record opposite experienced driven have meaningful we XXXX by is seen as the and XXXX, in operating true model fiscal and margin fluctuations, also deleverage in we

to continue environment manage expenses this when are navigate current improve. and diligently positioned to conditions we as take We advantage

a consolidated tax seen creating income in during current reduction XXXX and rate. have our distribution to This bottom significant our We across the line of XXXX, in tax tied our variability jurisdictions. results is

income Given expense a year. tax in are could full for the we expecting this, pretax be excess of

open We stores to are in in Australia. including stores the Europe, in XX new year, four North and stores XX approximately during planning stores America, five

expenditures between million in to million XXXX. to XXXX XXXX be -- capital million fiscal $XX and expect for compared year We the $XX full $XX

be will that excluding expense, expect lease and We approximately $XX million. depreciation amortization, noncash

our projecting million year for be share diluted approximately currently are the We XX.X shares. account to full

to With questions for we'd that, the open call like up operator,

Operator

[Operator Instructions].

first for today will coming be from Seaport. Our of Kummetz question Mitch

Your line open. is

Mitch Kummetz

quarter-to-date. of taking think see three got the to XX%, you X% you running I've Chris, down. my gave Thank think I them. the for and guide, than And -- better that let's on I that you're sales has range that's sales here, question.

results So have maybe into tougher softening in of rest you you numbers maybe the possibly and of September weekly I'm kind Could now some in post-peak that also that curious, obviously implies of that the seen back-to-school, you that? mid-August? October. And just address since expect kind your

Chris Work

at crack a take to try that. I'll Mitch. Sure,

the XX%, are that where is we line and I which that what And slightly choppy. is guide in I QX, -- back-to-school worse we through rate the as trend run August our you're and we of think tell been. from kind So you, season, were to we've our would encouraged it has but accelerated has down than was X% right, worked gave

little to ways. a few softer. a different that in our back couple from where of And timing have it at I back-to-school of go it were greater weeks started three looked some also base a the that's the knowing think weeks two shopping last of school different the Obviously, we're and when results little softer. and the a were. And what pull-on have overall need sense of Weeks markets bit kind looking of we've best at at. been But and

us historical demand. less get little our would out that you'll peak, results of And, bit typically tell you a see when

so, as sort can assumption for is And the guidance we rate that the do we're hopefully, run beat. under of it's the kind that of of current buffering And just market's to we at. where try the

Mitch Kummetz

single-digit And down Okay. the don't XX% rate. the, XX%. range? you're improvement thinking not trajectory XQ, that business XQ, at on high upper XQ down know about the that will you talked that midpoint kind you the XQ, but beyond lower Is Are think is then on? When growth look of down kind specific I of guidance in I somewhere growth sales your providing negative of mid-to run trajectory XQ in the land sales of I kind know, the the XX% you is

Chris Work

going away stay I'm fourth Yes. from guidance. to quarter specific giving

you, a look a would going us, I as business at away lot a what the and and we in tell from at what of back-to-school, we've think back I think to the and learned we've even this, of is historically happening. have able us what we've softer continue trends that been QX, trend back-to-school QX. though I'll seen take the look And this say tell for we it kind would good to quarter-to-date is line into I we

to So, guidance we that which and QX than the QX to we've QX sequential given. QX, currently about sales from improvement planning should we've what from be QX, QX much the think as stronger we're seen now QX to from

think So, are this first, drive we line few do to ability stronger improve. our based Those on I continued expect trend a beliefs results. things: to

we as our a XX% of at. is we the the good, you've break And down in as where business kind really I was back-to-school. is Men's good back-to-school, the some positive we're of I turned think business, time. company indicator that followed mean, encouraged. further, during category QX. then And largest category, our for view really for Mitch, best-performing and

and a I for that. we 'XX times of 'XX mean, if look catalyst those and we for were softer even us, kind and and Men's which back of out at XXXX was huge climbed how XXXX,

period. what that. encouraged we So, our the customer by mean, problem I during think we're really I We're saw was transactions from encouraged the during by back-to-school.

shopping, AUR increased back-to-school saw that I turn another units in actually the saw We and when the think season. we was which consumer good was

quarter, that some of softest our move just historical think as So the compares And the fourth kind pre-pandemic us of obviously, how gives about confidence we to we in. then QX was compared into and results. really XXXX heading

fourth and that do into we bigger we hard footwear more the believe on have the some goods, so, quarter. get just And the around as challenged soften that of business drags they been

incremental at we that time, the comfort when that some us fourth end honed this gives the November. guidance could more step we'll that not see quarter. in -- Obviously, on give here report in think we giving at I up of So, but a good

Mitch Kummetz

right. appreciate the All dollar it a helpful And just That's that. lastly, especially thinking SG&A, from color. then on a standpoint. I about

actually was follows, So, quarters $X consecutive up XQ SG&A where the I dollar versus were down million last That year. think, SG&A four dollars in year-over-year.

about dollar are So standpoint? like in you a how XQ thinking that from

don't going -- is you talk of about know should want And rate next Like so a to there year, run XQ year? can SG&A cost-cutting but kind take guidance, next actually not just like a about you're down a giving to think sort of forward? I there dollars like higher a about So, guess chance thinking be from this you there. year SG&A Or I of that that is couple we standpoint? than dollars questions probably

Chris Work

a bit quite there's Yes. there.

So, today. where we we're pertains kind and is about to try then how high at do what about of level I'll it to think talk how obviously, SG&A

have both the as and costs, as So, as within and a I Fixed SG&A, store fixed well system our that. think like overhead things corporate about we highly business. web

XXXX in to business the increased sales. so saw just well we with part challenges, and the we leverage in in XXXX when is this sales the coming reason of of created down, able the So, some also deleverage XXXX has were

SG&A, I I look look and think think important compared back to full-year we it's to X.X% step as it down to at SG&A, and I'm compared do XXXX sometimes -- XXXX at XXXX. was X.X% sorry, up

looked we think XXXX, and fairly to positive. and the compared time X.X% up back where was I as we period, look inflation we cost being over saw have it And as structures gone that at that which

was six X.X%. first SG&A As at the we of months year, about looked this up

So, little continuing around which is business. good. pretty to The higher feeling we really in invest and are timing run some of we're a again, includes things, I QX think, the guide spend rate,

think balance I but tougher, to these we an for Obviously, there's good distinction sheet. built investing strong really through at. important We've cycles. are a long-term that's do we're in believe value where continue our results

think position. being it, said, about a we're very prudent in how I about we're think too. we good That financial being

managing To everywhere, possible. costs fixed your it's point,

I store much in pull think certain we're where really open positions business, departments possible. leaving open. model we try there rethinking to hours and as our to And the back of areas have as payroll and

cut are things those looked business. think we've I are to the all things at, long-term for that trying while that not

sales forward, I cuts have than you growth tons going right we is think we as be like the balance think forward. And got grow what us got feel still drive we've because greater we've should at much I sales factor substantial expect able done to SG&A, to we not from look a to SG&A. of to

into see people we think as huge we some pressures look inflationary of the be see we'll as So that really focus. That is the that's overall, at growth. for we will XXXX. in really lots industry. won't are I What SG&A XXXX, move drive And our of hitting our

Mitch Kummetz

again. Okay. Thanks,

Operator

have Jeff be B. Van question Sinderen of we And coming from will next our Riley.

Your line is open.

Jeff Van Sinderen

guys Wonder and everyone. talk sales margin you private-label Hi, a the your product. performance you're could little in about if what seeing bit of

Chris Work

ahead and welcome talk chime about obviously, kind Yes. go from perspective in. just I'll and of Rick to it number’s a

in year the been I -- too. things really about in that talked throughout I we -- of the think consumer one are this seeking our clear clearly And business it's think seen we've market, we've value. external our is surely

from are as -- label a and We've back-to-school and of here, we to value really into to and a here think and first certainly year of where think in expect quarter quarter Private bringing I have seen I substantially it of climb. also XXXX and now this teams throughout the we're third executed teams has a done our while XXXX business they because have continued percentage our in there's the quarter then really second at. the to good great which date, you'd And proud here how market. product job play pretty

resonate in on but primary So, areas tops in other we've business, drivers seen that well, side. really that's apparel as but and both our bottoms the the

trends. think label I good really seeing overall, So private

I our as been to well, able and label beneficial. been has think in we've with to do packages private some things related stores which bundling

too. seeing And growth the we're also internationally,

in some really Times Europe. And of Australia encouraged pushing also the well. as that so, label our by they're And that working team private and Fast some we're has with brands

that seeing pretty business. think the area I we're we're by So in what overall, encouraged of

Rick Brooks

just how I is not we is, continue, with think, increase to sales highest in seen, add, which the And which our back-to-school, our start consumer. a team of success gains sell but is And those that I door. at the driving. to described bundles those that some I driving why and have using of -- had well UPTs we're now again, I in our AUR core coming only to bundling think Chris customers credit the I'm our what they're we bundles, ever to teams speaks think put what's dollars to promotions gains, to of positioned that's think I'd how the sales and is our per Jeff, generated team with our we've transaction, back-to-school, only And has proud to what's so that UPT this

Jeff Van Sinderen

helpful. That's

running as but I this wondering of kind you don't any where of out Just if and often, really give us to you a this follow-up private -- at that, point. the just color on concentration break not know can label sure I'm there's is

Chris Work

Yes. I speak to can that.

through about XX.X% the compared to last about quarter XX% are We year. second

a point about it's XXX penetration total sales. of So, increase basis a as year-over-year

Jeff Van Sinderen

off-tick -- you then folks just we're know the And this point. to I for how I to the handling latest out back to some getting office? guys. off policy But What's office Interesting. an that at Okay. resistance. back wondering have I'm you're get sort hearing question people there, of your

Rick Brooks

considered We to going have at we've today, and steadfastly, here. are throughout an be where people office where the entire into to ourselves pandemic environment period be we're always Jeff,

the DC Of in course, employees our store our in in down teams the office office every day are our as facility. DC are every day

we if is so rotating at key capacity. XX% throughout but were, them, So, everyone rules alternating follow we that definitely that over in have We're weeks. XX-XX whatever the could central collaboration we believe the pandemic,

so pretty us, everyone's back. for much And

have some back. been on exceptions but for the We fall, situations, pretty we've specific much certain

Jeff Van Sinderen

Good hear. Okay. of more I you. broader one for have And sort question to then

inflationary sort margin all sales X% modest XX% roughly What equal, But we positive operating it a call think? for looking pre-COVID. expenses how to assuming kind elevated think company? on do other maybe margin, comp, think about normalized just else have an of labor the you do do now average of think call is that? of Are I and operating it, running mid-single Or were a probably you digit, you you we inputs. recovery, about now mid-single-digit being course,

Chris Work

generally in business. But lot broken done super been our we of years in different bigger is challenging. of of lots we've as back this believe down, couple we've I we've the And last it related. work had down Jeff, obviously, sales around step challenge ways, the mean, this. break And, it's Yes. the it I really a has

from had believe, coming And double product operating that offset over of margin -- long single talked in accomplish of higher. been got -- help 'XX actually inflation, We some we high that. to perspective. able we things an 'XX, and out digits we we getting back profit there actually are were about digits. And We you to and able get if I still sales if can we've the the the drive business right think term, to other into

think But about sales been goal realistic We've And international an build still and potentially think of business beyond. still will seeing drive we the it a heads. that model I and is -- recovering single-digit seems growth our achievable, high and get that to able business come single still high have think has that I back that lot around that our in that that's trying push. obviously, a we that's hopefully, to really the as our is to digits

Operator

[Operator Instructions]. Tarlowe from next from will The coming Corey question be Jefferies.

Your line is open.

Corey Tarlowe

Great. Thanks.

fashion the cited that standpoint you wondering into surprised third maybe into if category has quarter trend back-to-school anything think there's that I you you or some talk was from Men's. or about? I encouraging in trends a can

Rick Brooks

these of is and that strong already about, business. start Corey. And trend-driven private clearly of add-in, business. let we've And one talked is I'll guess I -- think our a which I our label the Chris strength

done job on Chris earlier, and I think on really here cycle. have trend being teams of a as said our good

to had in for we cut these sew course, of categories. And most are of private our that. label -- This isn't and categories plan

think our customers both for and really as then I strategy margin. as our providing online and with teams but private back-to-school, label and well value our driving well stores in for team overall driving by bundling well planned executed we in the something that executed DPTs process is the for product worked this and So,

driver you call men's too. -- I'd big so a and other for for The that's out definitely

out call within I'd gaining our 'XX, think and emerging brands brands. pipeline in exciting in month-over-month I think launched seen one for terms here, I in important XXXX, our of improvement us we mix. 'XX And, we and and about is share have sales very -- brands sequential in total feel encouraged the is other here The that's emerging for

And that continued the back-to-school into on season.

the back-to-school. that's that our turned So business aspect printables in positive other

to in So that though with units; improvement in real our quality newness and -- look our of product; want two on the sales if positive improved season, the the our things: back-to-school behind the it's side business. label of the teams for those getting screenables private you men's, multiple and quality selling on-trend -- driver it's combine at that brand dramatic

I drivers really to think be another And so, continue in 'XX us course, month-over-month to I'm this growth our think hoping, brands 'XX that's the exciting about that we internally continue and is see of we can for as that we're business. that's launched printable screenables and these within -- can of sequential growth -- areas

Corey Tarlowe

the helpful about ahead margins holiday? and the unfold that about very into unpack head half could just helpful. And how how back thinking to product how of you product some on couple we and think promotions margins, That's Great. over you as trended you're as gave they've last color how quarters, you might into maybe for us

Chris Work

the basis comping that about add more we what prepared Yes, component and points just we that an in I is mentioned domestic comments, up just product significant. as think business you mix obviously, talked international we we would is, were our XX pretty business When Sure. and margin, is about to year-to-date. growing down challenged. sales And obviously, have our

that margin lower substantially given our than domestic is international the margins. quite And

down we XX a mix product say points, that margin when challenge the even -- lion's decline. is basis when really of So versus actually share

this is that would some coming look of knew we what product margin have challenges. we into we forward, as part So, year

inventory through inventory that first that in into basis last of move to even had out We the as the XX points added of year, down some end some as of clear and saw we half. we

back Now some we opportunity as margin. have half, we in we transition do into product the think

the some Now just quarter, we're footwear. and in specifically tied be in down that to area slightly clearing of I again, to the think tied third mix it'll also doing

there anyone. of If I surprise overall, our really a been the to some in think market. inventory exception footwear. pretty And the footwear the of look well feel we where challenges don't at across the good out talked It's about I that's sits about of with aging

And not that. so, to immune we're

I a our and have it kind of But job working done teams it. good through think clearing

that planned planned the the into that that's label any continue given thing QX model. as so benefit to increase into said, a of percentage be will And a you've It's year, the also being private to thoughts for that sales, one we us. have we've And seen guidance. obviously,

to sales. to are side ability on the have our trying product as internationally. we built to do to think most drive of as domestically here that around initiatives margin We well And addition continue in the

we move as are half, even seen margin I we've opportunity against forward, we what from are we mix have front hoping some saw our the coming with the that from. So, more think that product where versus shift in prior-year we'll sales

Corey Tarlowe

of Great. and so luck. much, Thanks best

Operator

That closing our call over would turn session to the Q&A I for like Rick does CEO, back remarks. go Brooks, for to conclude today. Please ahead.

Rick Brooks

everyone, you reads we quarter your the to appreciate you, much, and today. on We forward Zumiez, greatly results everybody. to third holiday in All look about Thank early very season. November your time and interest Thank for right. in talking late you

Operator

conference call. today's you This conclude call. Thank all joining does for today's

great You day. all wonderful may disconnect and have a

Zumiez (ZUMZ) 7 Sep 232023 Q2 Earnings call transcript