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

Zumiez (NASDAQ:ZUMZ) announced its quarterly earnings data on Thursday. The apparel and footwear maker reported ($0.82) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.01), Zacks reports. Zumiez had a net margin of 1.44% and a return on equity of 3.91%. The business had revenue of $193.35 million during the quarter, compared to analyst estimates of $191.02 million. During the same quarter in the prior year, the company posted ($0.66) EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. 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 Stock Up 1.6%

Shares of Zumiez stock opened at $23.48 on Friday. The stock has a market capitalization of $405.26 million, a P/E ratio of 27.30 and a beta of 0.97. The company has a 50-day simple moving average of $23.69 and a 200 day simple moving average of $24.83. Zumiez has a 12-month low of $11.41 and a 12-month high of $31.70.

Insider Activity

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

Institutional Investors Weigh In On Zumiez

A number of hedge funds have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its position in Zumiez by 3.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,312 shares of the apparel and footwear maker’s stock valued at $295,000 after acquiring an additional 394 shares in the last quarter. Russell Investments Group Ltd. increased its position in Zumiez by 1.8% in the 4th quarter. Russell Investments Group Ltd. now owns 22,495 shares of the apparel and footwear maker’s stock valued at $587,000 after acquiring an additional 395 shares in the last quarter. American Century Companies Inc. increased its position in Zumiez by 2.0% in the 2nd quarter. American Century Companies Inc. now owns 40,044 shares of the apparel and footwear maker’s stock valued at $531,000 after acquiring an additional 797 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Zumiez in the 4th quarter valued at about $27,000. Finally, Barclays PLC increased its position in Zumiez by 3.5% in the 4th quarter. Barclays PLC now owns 51,636 shares of the apparel and footwear maker’s stock valued at $1,345,000 after acquiring an additional 1,763 shares in the last quarter. Institutional investors and hedge funds own 95.45% of the company’s stock.

Zumiez announced that its Board of Directors has initiated a share repurchase program on Wednesday, March 11th that permits the company to buyback $40.00 million in shares. This buyback authorization permits the apparel and footwear maker to buy up to 10.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

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

Zumiez Company Profile

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.