Zumiez (NASDAQ:ZUMZ) Posts Earnings Results, Misses Estimates By $0.01 EPS

by · The Markets Daily

Zumiez (NASDAQ:ZUMZ – Get Free Report) released its earnings results on Thursday. The apparel and footwear maker reported ($0.82) earnings per share for the quarter, missing the consensus estimate of ($0.81) by ($0.01), Zacks reports. The company had revenue of $193.35 million for the quarter, compared to analysts’ expectations of $191.02 million. Zumiez had a net margin of 1.44% and a return on equity of 3.91%. Zumiez’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.66) earnings per share. Zumiez updated its Q2 2026 guidance to -0.230–0.080 EPS.

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

  • Comparable sales rose 4% in Q1, marking Zumiez’s eighth straight quarter of positive comps, with gains in both North America and Europe.
  • Gross margin improved to 31.7% from 30.0% a year ago, helped by better product margin, occupancy leverage, lower shipping costs, and reduced shrink.
  • Europe showed meaningful progress, with positive comparable sales and better margins as the company’s full-price selling strategy and assortment changes continued to gain traction.
  • The company ended the quarter with $124.2 million in cash and marketable securities, no debt, and an unused $25 million credit facility, while continuing share repurchases.
  • Management struck a more cautious tone on the rest of fiscal 2026, guiding Q2 sales to down 2% to up 0.5% and withholding full-year earnings guidance due to increasing consumer pressure.

Zumiez Price Performance

NASDAQ ZUMZ traded up $0.37 during trading on Thursday, reaching $23.48. 232,466 shares of the company’s stock traded hands, compared to its average volume of 164,722. The firm has a market cap of $405.26 million, a price-to-earnings ratio of 27.30 and a beta of 0.97. The company’s 50 day simple moving average is $23.66 and its two-hundred day simple moving average is $24.82. Zumiez has a 12-month low of $11.41 and a 12-month high of $31.70.

Insider Buying and Selling at Zumiez

In related news, insider Chris K. Visser sold 9,974 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $22.21, for a total transaction of $221,522.54. Following the completion of the sale, the insider directly owned 43,500 shares in the company, valued at $966,135. This represents a 18.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 24.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Zumiez

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new position in Zumiez during the 4th quarter valued at about $27,000. Quarry LP purchased a new stake in shares of Zumiez in the 3rd quarter valued at $54,000. Quantbot Technologies LP purchased a new stake in Zumiez in the second quarter valued at $71,000. State of Wyoming purchased a new stake in shares of Zumiez in the fourth quarter worth about $169,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Zumiez during the 3rd quarter worth approximately $148,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ZUMZ shares. Weiss Ratings reissued a “hold (c)” rating on shares of Zumiez in a research note on Friday, March 27th. Wall Street Zen cut Zumiez from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Zacks Research cut shares of Zumiez from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.00.

View Our Latest Report on Zumiez

Zumiez declared that its Board of Directors has initiated a stock buyback program on Wednesday, March 11th that allows the company to buyback $40.00 million in outstanding shares. This buyback authorization allows the apparel and footwear maker to repurchase up to 10.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Zumiez Company Profile

(Get Free Report)

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.

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