Zumiez Inc.

NasdaqGS:ZUMZ Stock Report

Market Cap: US$312.3m

Zumiez Past Earnings Performance

Past criteria checks 4/6

Zumiez's earnings have been declining at an average annual rate of -59.3%, while the Specialty Retail industry saw earnings declining at 3.9% annually. Revenues have been declining at an average rate of 5.9% per year. Zumiez's return on equity is 4.7%, and it has net margins of 1.5%.

Key information

-59.29%

Earnings growth rate

-54.13%

EPS growth rate

Specialty Retail Industry Growth26.64%
Revenue growth rate-5.90%
Return on equity4.72%
Net Margin1.54%
Last Earnings Update02 May 2026

Recent past performance updates

Recent updates

Seeking Alpha Jun 05

Zumiez: Balance Sheet Strength Offsets Discretionary Spending Pressures

Summary Zumiez Inc. shares plunged after disappointing earnings and guidance, despite solid Q1 sales and margin improvements. ZUMZ faces pressure from weak discretionary spending among young adults, with May same-store sales down 0.1% and North America declining 1.5%. Strong balance sheet with $124M cash and no debt enables aggressive share buybacks, reducing share count by 11% year-over-year. I reiterate my Buy rating, seeing ZUMZ stock as undervalued at 9–10x free cash flow, with a fair value target of $23–25 per share. Read the full article on Seeking Alpha
Narrative Update Jun 01

ZUMZ: New Store Plans And Buybacks Will Support Steady Fair Value

Analysts have kept their $24.00 price target for Zumiez broadly unchanged, pointing to only minor tweaks in discount rate, revenue, profit margin, and future P/E assumptions that leave their overall valuation view effectively the same. What's in the News Zumiez plans to open approximately 5 new stores in fiscal 2026, all located in North America.
Narrative Update May 13

ZUMZ: New Stores And Buybacks Will Support A Steady Fair Value View

Narrative Update on Zumiez Analyst Price Target Analysts have kept the fair value estimate for Zumiez steady at $24.00, while slightly adjusting underlying inputs such as a lower discount rate and a modestly different future P/E assumption. This reflects recalibrated views on the stock's risk profile rather than a change in the headline price target.
Narrative Update Apr 24

ZUMZ: New Stores And Buybacks Will Support A Steady Fair Value View

Analysts have kept their $24.00 price target for Zumiez unchanged, citing consistent assumptions on revenue growth, profit margins, and future P/E to support this view. What's in the News Zumiez plans to open approximately 5 new stores in fiscal 2026, all in North America, indicating continued investment in its physical retail footprint (company guidance).
Narrative Update Apr 08

ZUMZ: New Stores And Expanded Buybacks Will Shape A Steady Fair Value View

Analysts have maintained their $24.00 price target on Zumiez, citing largely stable assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Zumiez plans to open approximately 5 new stores in fiscal 2026, all located in North America, indicating continued investment in its physical retail footprint (company guidance).
Narrative Update Mar 25

ZUMZ: New Store Openings And Buyback Plans Will Inform Fairly Valued View

Analysts have adjusted their price target for Zumiez to $24.00. The change reflects updated assumptions for revenue growth, profit margins, the discount rate, and a slightly higher future P/E multiple.
Narrative Update Mar 11

ZUMZ: Updated Guidance And Margin Outlook Will Shape Fairly Valued View

Analysts have adjusted their price target on Zumiez to $24.00, reflecting updated assumptions around slightly lower projected revenue growth, a reduced profit margin outlook, and a higher future P/E multiple. What's in the News Zumiez updated fourth quarter fiscal 2025 guidance, with expected net sales now in a range of $287 million to $290 million, compared with the prior range of $291 million to $296 million, citing softer International sales as the driver (Key Developments).
Narrative Update Feb 25

ZUMZ: Store Closures And EPS Guidance Will Shape Fairly Valued Outlook

Analysts have maintained their $24.00 price target for Zumiez, citing relatively steady assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for their view. What's in the News Zumiez updated fourth quarter fiscal 2025 guidance, now anticipating net sales between $287 million and $290 million, compared with a prior range of $291 million to $296 million, citing softer international sales as the key factor (Key Developments).
Narrative Update Feb 10

ZUMZ: Store Closures And EPS Guidance Will Shape Future Returns

Analysts have made only a minimal adjustment to their Zumiez price target, with the updated fair value holding at $24.00 as they fine tune assumptions around discount rate, revenue growth, profit margin and future P/E, without a clear shift in overall conviction. What's in the News Zumiez updated fourth quarter fiscal 2025 guidance, now expecting net sales between $287 million and $290 million and earnings per share between $1.05 and $1.10, citing softer International sales and stronger product margin plus expense management (company guidance).
Narrative Update Jan 27

ZUMZ: Store Closures And EPS Recovery Outlook Will Shape Future Returns

Analysts have nudged their price target for Zumiez to $24.00, reflecting updated views that slightly higher expected revenue growth, improved profit margins, a modestly higher discount rate, and a lower assumed future P/E all factor into a more refined yet unchanged valuation. What's in the News Zumiez revised guidance for the fourth quarter of fiscal 2025, now anticipating net sales between $287 million and $290 million and earnings per share between $1.05 and $1.10, with the change tied to softer international sales, product margins, and expense management in Europe and North America (Key Developments).
Narrative Update Jan 12

ZUMZ: Store Closures And Modest EPS Outlook Will Shape Future Returns

Analysts have maintained their price target for Zumiez at $24.00, with only minor adjustments to inputs such as the discount rate and assumed future P/E, resulting in an unchanged view of the stock’s underlying valuation. What's in the News Zumiez issued consolidated earnings guidance for the fourth quarter ending January 31, 2026, projecting net sales between $291 million and $296 million, consolidated operating margins of 8.0% to 8.5%, and earnings per diluted share of about $0.97 to $1.07 (company guidance).
Narrative Update Dec 20

ZUMZ: Store Closures Will Likely Weigh On Future Earnings Power

Analysts have nudged their price target on Zumiez slightly higher to 24.00 dollars from 24.00 dollars, reflecting marginally stronger long term revenue growth expectations that more than offset a modest uptick in the assumed discount rate and a slightly softer profit margin outlook. What's in the News Issued fourth quarter 2025 guidance with projected net sales of 291 million dollars to 296 million dollars, implying 4.0 percent to 6.0 percent growth and an expected operating margin of 8.0 percent to 8.5 percent, translating to earnings per diluted share of approximately 0.97 dollars to 1.07 dollars (Company guidance) Provided fiscal 2025 outlook calling for earnings per share of 0.57 dollars to 0.67 dollars, a swing from a 0.09 dollar loss in 2024, on anticipated total sales growth of 4.5 percent to 5.0 percent year over year (Company guidance) Announced plans to close about 21 stores in fiscal 2025, including up to 18 locations in the United States, 1 in Canada, and 2 in Europe, as part of portfolio optimization efforts (Company disclosure) Completed a share repurchase tranche totaling 889,000 shares, or roughly 5.06 percent of shares, for 13.25 million dollars under the buyback program launched June 5, 2025, including 292,000 shares repurchased between August 3 and November 1, 2025 (Company disclosure) Valuation Changes The fair value estimate remains unchanged at 24.00 dollars per share, indicating no material shift in the intrinsic value assessment.
Narrative Update Dec 06

ZUMZ: Store Closures And Narrowing Margins Will Likely Constrain Future Upside

Analysts have raised their price target for Zumiez from 18 dollars to 24 dollars, citing slightly stronger expected revenue growth, improving profit margins, and a modestly lower discount rate, which together support a higher fair value multiple. What's in the News Zumiez issued new fourth quarter 2025 guidance, projecting net sales of 291 million dollars to 296 million dollars, up 4.0 percent to 6.0 percent year over year, with operating margins of 8.0 percent to 8.5 percent and earnings per diluted share of approximately 0.97 dollars to 1.07 dollars (company guidance).
Analysis Article Oct 25

An Intrinsic Calculation For Zumiez Inc. (NASDAQ:ZUMZ) Suggests It's 44% Undervalued

Key Insights Zumiez's estimated fair value is US$40.33 based on 2 Stage Free Cash Flow to Equity Zumiez's US$22.63...
Analysis Article Sep 08

Earnings Update: Here's Why Analysts Just Lifted Their Zumiez Inc. (NASDAQ:ZUMZ) Price Target To US$18.00

The investors in Zumiez Inc. 's ( NASDAQ:ZUMZ ) will be rubbing their hands together with glee today, after the share...
Narrative Update Sep 06

E-Commerce And Supply Chain Shifts Will Secure Future Success

Upward revisions to both revenue growth forecasts and net profit margin expectations for Zumiez have prompted analysts to raise their fair value target from $14.00 to $18.00. What's in the News Issued Q3 earnings guidance with net sales projected at $232–$237 million, expected comparable sales growth of 5.5%–7.5%, operating margins of 2.3%–3.3%, and EPS of $0.19–$0.29.
Analysis Article Aug 31

Optimistic Investors Push Zumiez Inc. (NASDAQ:ZUMZ) Shares Up 29% But Growth Is Lacking

Despite an already strong run, Zumiez Inc. ( NASDAQ:ZUMZ ) shares have been powering on, with a gain of 29% in the last...
Analysis Article Jul 27

These Return Metrics Don't Make Zumiez (NASDAQ:ZUMZ) Look Too Strong

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...
Analysis Article Jul 06

Optimistic Investors Push Zumiez Inc. (NASDAQ:ZUMZ) Shares Up 25% But Growth Is Lacking

Zumiez Inc. ( NASDAQ:ZUMZ ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Jul 03

An Intrinsic Calculation For Zumiez Inc. (NASDAQ:ZUMZ) Suggests It's 35% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Zumiez fair value estimate is US$22.65 Current share price of...
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New Narrative Jun 01

Omnichannel Retail And Private Label Expansion Will Forge Global Presence

Growth in proprietary private label products and strategic omnichannel expansion increase margins, customer loyalty, and position Zumiez for long-term youth market success.
Analysis Article Jan 14

Zumiez (NASDAQ:ZUMZ) Is In A Strong Position To Grow Its Business

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Dec 06

Zumiez Is Recovering, But The Price Already Discounts A Full Turnaround

Summary Zumiez Inc. reported strong 3Q24 comps, up 7.5%, with North America leading at 10.5%, and expects 6-7.5% growth in Q4. Positive comps are driven by easier year-over-year comparisons, economic recovery, and company-specific actions like improved assortments and new products. Despite operational leverage and potential for MSD growth, the stock offers a moderate return of 7.5-11.8%, leading to a Hold rating. Reducing SG&A expenses could improve margins and make ZUMZ stock a more attractive investment opportunity at current prices. Read the full article on Seeking Alpha
Analysis Article Nov 09

Zumiez Inc.'s (NASDAQ:ZUMZ) Popularity With Investors Is Clear

There wouldn't be many who think Zumiez Inc.'s ( NASDAQ:ZUMZ ) price-to-sales (or "P/S") ratio of 0.5x is worth a...
Analysis Article May 30

Some Shareholders May Object To A Pay Rise For Zumiez Inc.'s (NASDAQ:ZUMZ) CEO This Year

Key Insights Zumiez to hold its Annual General Meeting on 5th of June CEO Rick Brooks' total compensation includes...
Analysis Article Apr 23

Zumiez Inc.'s (NASDAQ:ZUMZ) Business Is Trailing The Industry But Its Shares Aren't

There wouldn't be many who think Zumiez Inc.'s ( NASDAQ:ZUMZ ) price-to-sales (or "P/S") ratio of 0.4x is worth a...
Seeking Alpha Mar 11

Zumiez Is An Interesting Business, But A Hold Until Things Improve

Summary Zumiez is an apparel retailer focused on skater-style clothing and skate-hard goods. The company has quality aspects: a long-tenured, competent management team, customer focus, brand value, an engaging digital presence, a history of growth, and a strong balance sheet. The current context is challenging, with ZUMZ losing margins rapidly due to promotional competition and already presenting operational losses. The company can survive a few years of economic downturn thanks to its strong balance sheet and may even recover. The stock price already discounts these developments, therefore not representing an opportunity. Read the full article on Seeking Alpha
Seeking Alpha Feb 06

Zumiez: Time To Buy

Summary Zumiez's revenues decreased in 2022 and 2023, but are expected to return to the growth path in 2024. Margins are currently depressed and could take some time to start recovering. The balance sheet is very strong as cash is high and debt non-existent. The company is prepared to withstand current headwinds, and these are in my opinion temporary due to their direct link to the current macroeconomic picture. The recent share price decline represents a good opportunity for investors with enough patience and risk-tolerance. Read the full article on Seeking Alpha
Analysis Article Jan 07

Zumiez Inc. (NASDAQ:ZUMZ) Not Flying Under The Radar

It's not a stretch to say that Zumiez Inc.'s ( NASDAQ:ZUMZ ) price-to-sales (or "P/S") ratio of 0.4x seems quite...

Revenue & Expenses Breakdown

How Zumiez makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:ZUMZ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
02 May 26938142920
31 Jan 26929132910
01 Nov 2591792890
02 Aug 2590012870
03 May 2589612830
01 Feb 25889-22800
02 Nov 24892-502860
03 Aug 24886-532830
04 May 24870-612830
03 Feb 24875-633230
28 Oct 23874-182750
29 Jul 23895-92730
29 Apr 2392132750
28 Jan 23958212760
29 Oct 221,025482790
30 Jul 221,077722790
30 Apr 221,125932790
29 Jan 221,1841192780
30 Oct 211,1691242660
31 Jul 211,1501222620
01 May 211,1321242470
30 Jan 21991762290
31 Oct 20988712330
01 Aug 20981612350
02 May 20959452430
01 Feb 201,034672570
02 Nov 191,010592510
03 Aug 19995532490
04 May 19985492490
02 Feb 19979452480
03 Nov 18982362490
04 Aug 18979342450
05 May 18953292400
03 Feb 18927272340
28 Oct 17883252220
29 Jul 17858242160
29 Apr 17844242120
28 Jan 17836262070
29 Oct 16815212010
30 Jul 16798201970
30 Apr 16800241930
30 Jan 16804291920
31 Oct 15820331940
01 Aug 15829391920

Quality Earnings: ZUMZ has high quality earnings.

Growing Profit Margin: ZUMZ's current net profit margins (1.5%) are higher than last year (0.08%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ZUMZ's earnings have declined by 59.3% per year over the past 5 years.

Accelerating Growth: ZUMZ's earnings growth over the past year (1933.7%) exceeds its 5-year average (-59.3% per year).

Earnings vs Industry: ZUMZ earnings growth over the past year (1933.7%) exceeded the Specialty Retail industry 2.7%.


Return on Equity

High ROE: ZUMZ's Return on Equity (4.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 14:17
End of Day Share Price 2026/06/12 00:00
Earnings2026/05/02
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zumiez Inc. is covered by 25 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Elizabeth Pierce LaddAscendiant Capital Markets LLC
Jonathan KompBaird
Stacy PakBarclays