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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 210M | 18.5% |
| Gross Profit | 72M | 38.3% |
| Cost of Revenue | 211M | 6.6% |
| Operating expense | 72M | 0.2% |
| Net Income | -850,000 | 95% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 670M | 2% |
| Total Liabilities | 350M | 9.5% |
| Total Equity | 320M | 5.2% |
| Shares Outstanding | 19M | 4.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 3.2M | 117% |
| Cash from investing | 7.9M | 1% |
| Cash from financing | -20M | 8688.6% |
EPS
Financial Highlights for Zumiez in Q3 '24
Zumiez reported a revenue of 210M, which is a 18.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 72M, marking a 38.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 211M, a 6.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 72M, showing a 0.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -850,000, showing a 95% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Zumiez with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
