North American Business Resilience
Comparable sales for the company grew 5.5%, marking the fourth consecutive quarter of positive comparable sales growth. North America net sales increased by 4.9% from 2024, with comparable sales up 7.4%.
Increase in Private Label Sales
Private label sales reached nearly 30% of total sales in the first quarter of 2025, up from 28% in 2024 and 23% in 2023.
Successful Share Repurchase Program
The company bought back 1.8 million shares or 9.4% of the company based on year-end 2024 outstanding shares and announced a new buyback plan for an additional $15 million.
Strong Financial Position
Zumiez ended the quarter with $101 million in cash and current marketable securities and no debt.