Zumiez saw second-quarter sales fall 2.5 per cent to $209 million from $214.3 million last year, with weaker performance in the US offsetting international growth.
CEO Rick Brooks said the decline was primarily driven by continued softness in footwear and lower traffic levels in its home market.
“However, the decline in the US business was partially offset by continued growth across our other regions, underscoring the strength and diversification of our global business,” he said.
For the first six months of the fiscal year, net sales increased 0.9 per cent to $402.3 million, up from $398.6 million in the same 26-week period last year.
Looking ahead, Zumiez expects third-quarter net sales – covering the three months ending October 31 – to range between $222 million and $226 million.
“As we look forward to the holiday season, we remain focused on refining our merchandise assortments and deepening our customer experience initiatives to improve the trajectory,” Brooks added.
Zumiez runs more than 700 stores across North America, Europe and Australia, selling apparel, footwear and accessories focused on skate, streetwear and youth lifestyle markets.
The company plans to open five new stores during the fiscal year, all in North America, while closing about 16 stores. Of those closures, 10 are expected to be in North America and six internationally.
- Further reading: Zumiez Q4 profit rises on solid North America performance.