Earnings Call Summary | Zumiez(ZUMZ.US) Q4 2023 Earnings Conference
Earnings Call Summary | Zumiez(ZUMZ.US) Q4 2023 Earnings Conference
The following is a summary of the Zumiez Inc. (ZUMZ) Q4 2023 Earnings Call Transcript:
以下是Zumiez Inc.（ZUMZ）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Zumiez reported better than expected Q4 sales and adjusted EPS.
The company recorded a year-over-year total sales decline with less than 4% decrease in Q4 2023.
Experienced their first annual net loss last year despite having over $170 million in cash.
Q4 net sales were slightly up to $281.8 million with a 3.9% decrease in comparable sales.
Q4's net loss was $33.5 million or $1.73 per share after considering a $41.1 million non-cash goodwill impairment charge.
Full year 2023 net sales fell to $875.5 million, a decrease of 8.6% and gross profit margin shrunk to 32.1%.
Full-year net loss was significant at $62.6 million or $3.25 per share, primarily due to impairment and other costs.
Zumiez ended the year with strong financial position, no debts and a cash and current marketable securities reserve of $171.6 million.
Zumiez報告稱，第四季度銷售額和調整後的每股收益好於預期。
該公司的總銷售額同比下降，在2023年第四季度下降不到4％。
儘管現金超過1.7億美元，但去年還是出現了首次年度淨虧損。
第四季度淨銷售額略高達2.818億美元，同比銷售額下降了3.9％。
考慮到4,110萬美元的非現金商譽減值費用，第四季度的淨虧損爲3,350萬美元，合每股虧損1.73美元。
2023年全年淨銷售額降至8.755億美元，下降8.6％，毛利率縮水至32.1％。
全年淨虧損巨大，爲6,260萬美元，合每股虧損3.25美元，這主要是由於減值和其他成本所致。
Zumiez在年底時財務狀況良好，沒有債務，現金和當前有價證券儲備爲1.716億美元。
Business Progress:
業務進展：
Positive sales trends were observed in the men's business with month-to-month improvement in Q4.
Strategic priorities include shifting focus in the European market to enhancing productivity and closing 20-25 underperforming North American stores in 2024.
Introduced nearly 200 new brands in 2023 to attract a broader customer base in 2024.
Sales from private label represented approximately 23% of sales in 2023.
Despite a 53rd week challenge and $10 million in store closures, foresees full-year sales growth in 2024.
Plans to open 10 new stores in 2024, fewer than the 19 opened in 2023, focusing on optimizing its current footprint.
Capital expenditures projection for 2024 is between $14 million and $16 million.
Aims to return to positive operating margins in 2024.
Sees growth opportunities in their business due to location setups, product planning, and customer service, particularly in the men's segment.
Despite the slowdown in overall sales in Europe in 2023, the company expects to overcome wage inflation and rising costs challenges.
男裝業務出現了積極的銷售趨勢，第四季度逐月有所改善。
戰略優先事項包括將歐洲市場的重點轉移到提高生產力上，並在2024年關閉20-25家表現不佳的北美門店。
2023 年推出了近 200 個新品牌，以在 2024 年吸引更廣泛的客戶群。
自有品牌的銷售額約佔2023年銷售額的23％。
儘管面臨第53周的挑戰和1000萬美元的門店關閉，但預計2024年全年銷售額將增長。
計劃在2024年開設10家新門店，少於2023年開設的19家門店，重點是優化其目前的佔地面積。
預計2024年的資本支出在1,400萬美元至1,600萬美元之間。
目標是在2024年恢復正的營業利潤率。
由於位置設置、產品規劃和客戶服務，他們的業務有增長機會，尤其是在男裝細分市場。
儘管2023年歐洲整體銷售放緩，但該公司預計將克服工資通脹和成本上漲的挑戰。
More details: Zumiez IR
更多詳情： Zumiez IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。