Zumiez ZUMZ
Zumiez is a U.S. based retailer of apparel, footwear, and hardgoods for young men and women. It operates Blue Tomato in Europe, acquired in 2012, and Fast Times in Australia, acquired in 2016. In the U.S., Zumiez stores are primarily located in malls.
- Ticker
- ZUMZ
- Headquarters
- Lynwood, Washington
- CEO
- Richard Brooks
- IPO year
- 2005
- Sector
- Apparel
- Website
- zumiez.com
- Management
- Team & leadership ↗
Notes & Takes
"North America is the core market for this brand. The European and Australian store fleets were acquired and likely have not been accretive.
High insider ownership and long term thinking from Richard Brooks and Thomas Campion are positives.
After years of struggle post covid a recovery was underway in 2025 with positive comps and a second year of positive sales growth. Zumiez started to stumble in Q2 of 2026 with weak traffic and poor sales on shoes. They are now guiding for a low single digit sales decline in 2026 and 1.7% operating margins.
An EV of $100 mill looks appealing if they can return to pre-covid levels of profitability in 2028. I don't think 2027 is on the table with the weakness expected in the back half of 2026.
Company Financials
Quarterly Headlines
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Zumiez Q2 2026
Jul 31, 2026
- Sales down 2.5%
- Comp sales decreased 2.1%
- Net loss of $2.7 mill or $0.17 per share
- $97 mill in cash and no debt
- Repurchased 1.2 mill shares during Q2 for 23.2 mill with an average price of $19.30
- Weaker performance driven by continued softness in footwear as well as lower traffic levels
- Third quarter to date sales decreased 4.3% with comp sales down 3.5%
Zumiez Q1 2026
May 2, 2026
- Sales up 4.9%
- Comparable sales up 4%
- Net loss of $13.3 million that includes a $2.9 million settlement for a lawsuit regarding wages in California
- Cash of $124 million
- $6.2 million on share repurchases
- Strong mid single digit comparable sales in Europe
- Guidance for the Q2 include sales of $210 to $215 million with EPS loss of $0.23 to $0.08
- For the full year we intend to open 5 new stores in NA and close 26, 20 in NA and 6 internationally.
- Private label performance remains a success story with 34% of revenue being private label
- We expect 50 to 100 basis points of operating margin growth for 2026.
Zumiez Q4 2025
Jan 31, 2026
- Sales up 4.4%
- Comp sales up 2.2% with NA comp sales up 5.5%
- Net income of $19.6 million up 32%
- Cash of $160 million with no debt
- For the first 4 weeks of Q1 sales were up 9.8% with comp sales up 6% in NA and 13% internationally
- During 2025 the company spent $38 million on share repurchases at an average price of $14.18
- For 2026 the plan is to open 5 new stores and close 25 (20 in America and 5 in Europe)
Zumiez Q3 2025
Nov 1, 2025
- Sales up 7.5%
- Comp sales up 7.6%
- Net income of $9.5 million or $0.55 per diluted share
- Cash of $104 million with no debt
- We achieved our best third quarter in several years
- We are off to a strong holiday season
- Spent $5.4 million on share repurchases. Total repurchases for the first 39 weeks total $38 million at an average cost of $14.18 per share.
- 5 new stores have been opened this year in North America and 1 in Australia
- Private label is 31% of sales YTD
Zumiez Q2 2025
Aug 2, 2025
- Net sales up 1.9%
- Comparable sales up 2.5%
- Net loss of $1 million
- Cash of $106 million with no debt
- Repurchased $7.8 million worth of shares
- We are seeing further acceleration in the third quarter to date led by an 11.2% comparable sales gain during back-to-school. With back-to-school performing well, we are optimistic about our prospects for the holiday season
- Private label remains strong, reaching 30% of total sales YTD
- Regarding Europe, market conditions are challenging
- From a category perspective, all categories delivered positive comparable sales with womens being the largest comp followed by mens, accessories, footwear and hardgoods
Zumiez Q1 2025
May 3, 2025
- Sales up 4%
- Comp sales up 5.5%
- Net loss of $14.3 million
- $101 million of cash and securities with zero debt
- Will open 9 new stores for 2025
- $25 million spent on share repurchases
Zumiez Q4 2024
Feb 1, 2025
- Sales down 0.9% YoY
- Comp sales up 5.9%
- Net income of $14.8 million
- Cash of $147 million and no debt
- Guidance for Q1 is sales of $180 million with an EPS loss of $0.72 to $0.82
- Expects to open 9 new stores in 2025 with 6 in North America, 2 in Europe and 1 in Australia
Zumiez Q3 2024
Nov 2, 2024
- Comp sales up 7.5% YoY
- Gross margin increased 140 bps YoY
- Revenue up 2.9% YoY
- Net income of $1.2 mill vs. net loss of $2.2 mill YoY
- Total sales YTD first 3Q up 2.8% YoY
- Cash / securities of $99 mill as of Nov 2 2024
- Opened 7 new stores and are closing 33 stores throughout fiscal 2024
Zumiez Q2 2024
Aug 3, 2024
- Q2 comparable sales increased by 3.6%, net sales of $210 million
- Q2 gross margin increased by 250 basis points to 34.2%
- Net sales increased 8.1% QoQ
- At August 3, 2024 the company had cash of $127 million and marketable securities of $140 million
- The company repurchased shares spending $19.4 million with an average price of $20.55 per share
- The company intends to open 9 new stores and close 25 stores in 2024
- **Guidance for Q3 2024 net sales expected to grow 2 to 4% vs. Q3 2023**
Zumiez Q1 2024
May 4, 2024
- Net sales for the first quarter of 2023 decreased by 3% with a net loss of $16.8 million vs. a net loss of $18.4 million in Q1 2023
- Net sales were $177 million vs. $182 million in Q2 2023
- On June 5 2024 Zumiez approved the repurchase of an aggregate of $25 million of stock
- **Guidance for Q2 net sales expected to be $199 to $204 million with a loss per share of $0.30 to $0.40**