ZUMZ Zumiez Inc

MIXED Impact: 5/10 8-K
Horizon weeks Filed Jun 4, 2026 Processed 10d 12h ago SEC 0001171843-26-003916
8-K Item 2.02: Earnings release

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Executive Summary

Zumiez reported fiscal Q1 2026 results: net sales of $193.3M (+4.9% YoY) and a net loss of $13.3M ($0.82 per share), slightly wider loss per share vs $0.79 a year ago due to share buybacks. Comparable sales rose 4.0%, with Q2 guidance for net sales of $210-215M and an EPS loss of $0.08-$0.23, suggesting a sequential improvement. While the headline loss narrowed year-over-year, EPS dipped on a per-share basis and May comparable sales turned flat, signaling near-term consumer softness.

Key Financial Metrics

Guidance
$210M-$215M
initiated
Free Cash Flow
-$29.8M
Gross Margin
31.7%

Actionable Insight

Q1 results were directionally positive (sales growth, comps up, narrower operating loss) but EPS was a penny worse than consensus and May comps turned negative. The Q2 guidance implies a significant improvement from Q1 levels but still negative EPS. Watch for August FQ2 actuals to confirm the back-to-school trajectory; the weak May read heightens seasonal risk.

Key Facts

  • Q1 net sales $193.3M, +4.9% YoY from $184.3M
  • Q1 comparable sales +4.0% YoY
  • Q1 net loss $13.3M vs $14.3M loss a year ago (improved $1.0M)
  • Q1 diluted EPS -$0.82 vs -$0.79 a year ago (slightly worse due to share buyback dilution)
  • Q2 FY2026 guidance: sales $210-$215M, EPS loss $0.08-$0.23
  • May four-week comparable sales -0.1% overall, with North America -1.5%
  • Cash + marketable securities $124.2M vs $101.0M a year ago
  • Operating cash flow YTD $47.5M (stated) / -$28.1M per cash flow statement (Q1 GAAP)
  • 0.3M shares repurchased in Q1 at avg $23.56 for $6.2M total cost
  • Operating loss improved to $15.2M from $19.9M a year ago (gross margin up 170bps to 31.7%)

Financial Impact

Revenue beat consensus of $191.0M by ~1.2%; operating loss narrowed 23.6% YoY; EPS $0.82 loss vs consensus $0.81 loss — essentially in line

revenuegross margincomparable salesnet loss

Risk Factors

  • May comparable sales flat/negative — potential softening into summer
  • North America comps -1.5% in May could signal consumer pullback
  • Still negative EPS and operating loss, albeit improving
  • Store closures (net -21 stores planned) could limit top-line growth

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Apparel & Accessory Stores
Analyst Consensus
0% bullish (8 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001171843-26-003916
Document: f8k_060426.htm0001171843-26-003916
Document: 0001171843-26-003916-index-headers.html0001171843-26-003916
Document: 0001171843-26-003916-index.html0001171843-26-003916
Document: 0001171843-26-003916.txt0001171843-26-003916
8-K Data (Synthetic)0001171843-26-003916
5 reports for ZUMZ
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Reports for ZUMZ — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
NEUTRAL ★ 3/10
$19.00 awaiting T+20awaiting T+20$18.39 (−3.21%)
Jun 4, 2026
10d ago
8-K
MIXED ★ 5/10
$23.57 awaiting T+20awaiting T+20$18.39 (−21.98%)
Jun 4, 2026
10d ago
Press Release
BEARISH ★ 7/10
$23.57 awaiting T+20awaiting T+20$18.39 (+21.98%)
Apr 24, 2026
7w ago
DEFA14A
NEUTRAL ★ 3/10
$24.58 $24.08▼ −2.03%▼ −6.99%$18.39 (−25.18%)
Mar 12, 2026
13w ago
Press Release
MIXED ★ 6/10
$21.43 $24.54▲ +14.51%▲ +10.92%$18.39 (−14.19%)
Showing 5 of 5

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