Zumiez (NASDAQ:ZUMZ) Releases Earnings Results, Misses Estimates By $0.03 EPS

Zumiez (NASDAQ:ZUMZ) released its quarterly earnings data on Thursday. The apparel and footwear maker reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03), FiscalAI reports. Zumiez had a return on equity of 3.62% and a net margin of 1.36%.The firm had revenue of $208.96 million during the quarter, compared to analysts’ expectations of $212.11 million. During the same quarter last year, the business earned ($0.06) earnings per share. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. Zumiez updated its Q3 2026 guidance to 0.000-0.100 EPS.

Here are the key takeaways from Zumiez’s conference call:

• Negative Sentiment: Second-quarter net sales fell 2.5% to $209 million, with comparable sales down 2.1% and the U.S. business the primary weakness. Lower transactions drove the decline, resulting in a $2.7 million net loss versus a $1 million loss a year earlier.
• Negative Sentiment: Footwear remained the largest headwind, accounting for approximately 70% of the U.S. sales decline through Labor Day, while changing apparel trends also pressured results. Zumiez expects third-quarter sales to decline 5.5%–7% and EPS to range from $0.00 to $0.10, versus $0.55 last year.
• Negative Sentiment: The company withdrew specific full-year earnings guidance and now expects fiscal 2026 sales to decline by low single digits, with operating margin down slightly rather than achieving its previously projected 50–100 basis points of growth.
• Positive Sentiment: International markets continued to outperform the U.S., with positive second-quarter comparable sales in Canada, Europe, and Australia and growth initiatives centered on private-label products, premium pricing, and profitability optimization.
• Positive Sentiment: Zumiez ended the quarter with $97.3 million in cash and marketable securities, no debt, and a fully available $25 million credit facility. Management also highlighted controlled inventory, ongoing share repurchases, and financial flexibility to support investments through the downturn.

Zumiez Stock Performance

ZUMZ stock opened at $14.55 on Friday. The firm has a market cap of $245.49 million, a P/E ratio of 20.21 and a beta of 1.00. Zumiez has a 1 year low of $13.84 and a 1 year high of $31.70. The stock has a 50-day simple moving average of $18.50 and a 200-day simple moving average of $21.03.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ZUMZ shares. Wall Street Zen lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Saturday, September 5th. Weiss Ratings downgraded shares of Zumiez from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Zumiez

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Zumiez during the fourth quarter valued at approximately $259,000. Franklin Resources Inc. acquired a new position in shares of Zumiez during the fourth quarter worth $239,000. Occudo Quantitative Strategies LP purchased a new position in shares of Zumiez in the fourth quarter valued at $230,000. Price T Rowe Associates Inc. MD purchased a new position in shares of Zumiez in the fourth quarter valued at $221,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Zumiez during the 3rd quarter valued at $214,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Key Zumiez News

Here are the key news stories impacting Zumiez this week:

• Positive Sentiment: Zumiez ended the quarter with $97.3 million in cash and current marketable securities, providing financial flexibility. The company also repurchased approximately 1.2 million shares for $23.2 million, which may support per-share value over the longer term. Zumiez Posts $2.7 Million Second-Quarter Loss as Sales Fall 2.5%
• Neutral Sentiment: Six-month revenue increased 0.9%, with growth outside the United States partly offsetting weaker domestic performance. Management’s long-term opportunity case relies on the balance sheet, international growth and a potential recovery in consumer demand. Zumiez: Weak Results But A Strong Balance Sheet Create A Long-Term Opportunity
• Negative Sentiment: Second-quarter revenue fell 2.5% year over year to $208.96 million, missing the $212.11 million consensus estimate. Comparable sales declined 2.1%, while EPS came in at a loss of $0.17 versus the expected loss of $0.14 and a loss of $0.06 in the prior-year quarter. Zumiez Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: The outlook was sharply reduced: third-quarter revenue is expected at $222 million to $226 million, versus a $238 million consensus, while EPS is projected at $0.00 to $0.10 compared with analyst expectations of $0.59. Third-quarter-to-date sales were already down 4.3% through September 7. Why Zumiez Stock Fell on Friday Morning
• Negative Sentiment: Management cited weaker U.S. traffic and demand, particularly in footwear, as key factors weighing on sales, margins and earnings. The guidance cut suggests these issues may persist into the next quarter. Zumiez Q2 Earnings Miss on U.S. Weakness and Footwear Softness

About Zumiez

Zumiez, Inc (NASDAQ: ZUMZ) is a specialty retailer offering apparel, footwear, accessories and hardgoods targeted at the action-sports lifestyle market. With a focus on skateboarding, snowboarding, BMX and streetwear, the company stocks a mix of leading third-party brands—such as Vans, Nike SB, DC Shoes and The North Face—alongside proprietary private-label merchandise. In addition to traditional fashion items, Zumiez stores carry hardware and equipment tailored to board sports, supporting both amateur and enthusiast consumers.

Originally founded in 1978 in Seattle, Washington, by Tom Campion, Gary Haakenson and Steve Brosvik, Zumiez opened its first branded retail location in 1988.