Zumiez (NASDAQ:ZUMZ – Get Free Report) released its quarterly earnings data on Thursday. The apparel and footwear maker reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.03), FiscalAI reports. The firm had revenue of $208.96 million during the quarter, compared to the consensus estimate of $212.11 million. Zumiez had a return on equity of 4.24% and a net margin of 1.54%.The business’s revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.06) EPS. 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 Down 4.8%
ZUMZ opened at $16.71 on Friday. The business has a fifty day moving average of $18.56 and a 200 day moving average of $21.07. Zumiez has a 52-week low of $15.09 and a 52-week high of $31.70. The stock has a market cap of $281.90 million, a P/E ratio of 20.13 and a beta of 1.00.
Trending Headlines about Zumiez
- Positive Sentiment: Zumiez maintained a solid liquidity position, ending the quarter with $97.3 million in cash and marketable securities. The company also repurchased 1.2 million shares for $23.2 million, which could support per-share value. Zumiez Posts $2.7 Million Second-Quarter Loss as Sales Fall 2.5%
- Neutral Sentiment: Performance outside the United States, including other regional markets, provided some offset to weaker U.S. results. Institutional positioning was mixed, with 59 investors increasing holdings and 87 reducing them during the latest quarter. Zumiez Posts $2.7 Million Second-Quarter Loss as Sales Fall 2.5%
- Negative Sentiment: Fiscal second-quarter adjusted results missed expectations: Zumiez reported a $0.17 per-share loss versus the anticipated $0.14 loss, while revenue of $208.96 million fell short of the $212.11 million consensus and declined 2.5% year over year. The company also posted a larger loss than the $0.06 per-share loss recorded a year earlier. Zumiez Reports Q2 Loss, Lags Revenue Estimates
- Negative Sentiment: U.S. weakness—particularly in footwear—along with lower customer traffic drove a 2.1% comparable-sales decline. Third-quarter sales were down 4.3% through September 7, signaling continued near-term pressure. Zumiez Q2 2026 Earnings Call Highlights
- Negative Sentiment: Management forecast third-quarter EPS of $0.00 to $0.10 and revenue of $222 million to $226 million, well below analyst expectations of $0.59 EPS and $238 million in revenue. The guidance reduction is the primary catalyst weighing on ZUMZ. Zumiez Fiscal 2026 Second-Quarter Results
Institutional Trading of Zumiez
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new stake in shares of Zumiez during the fourth quarter valued at $27,000. Quarry LP purchased a new position in Zumiez in the 3rd quarter worth about $54,000. Quantbot Technologies LP bought a new stake in Zumiez during the 2nd quarter valued at about $71,000. Aquatic Capital Management LLC bought a new stake in Zumiez during the 3rd quarter valued at about $148,000. Finally, State of Wyoming purchased a new stake in Zumiez in the 4th quarter valued at about $169,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on ZUMZ. Wall Street Zen lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Saturday, September 5th. Weiss Ratings lowered shares of Zumiez from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Zumiez presently has an average rating of “Reduce”.
Read Our Latest Stock Report on Zumiez
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.
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