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Zumiez Report Q2’23 Financial Report & Q3 Insight

Zumeiz, a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, has reported results for the second quarter ended July 29, 2023 and a look into their Q3 standings. Net sales for the second quarter ended July 29, 2023 (13 weeks) decreased 11.6% to $194.4 million from $220.0 million in the second quarter ended July 30, 2022 (13 weeks). Net loss in the second quarter of fiscal 2023 was $8.5 million, or $0.44 per diluted share, compared to net income of…