Zumiez (NASDAQ:ZUMZ) Releases Q3 2026 Earnings Guidance

Zumiez (NASDAQ:ZUMZ) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.000-0.100 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of $222.0 million-$226.0 million, compared to the consensus revenue estimate of $238.0 million.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ZUMZ. Wall Street Zen downgraded Zumiez from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. Weiss Ratings lowered 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zumiez has an average rating of “Reduce”.

Zumiez Price Performance

Shares of ZUMZ opened at $14.55 on Friday. The company has a market cap of $245.49 million, a P/E ratio of 20.21 and a beta of 1.00. Zumiez has a 12 month low of $13.84 and a 12 month high of $31.70. The stock has a fifty day moving average price of $18.50 and a 200 day moving average price of $21.03.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.03). Zumiez had a net margin of 1.36% and a return on equity of 3.62%. The firm had revenue of $208.96 million during the quarter, compared to the consensus estimate of $212.11 million. During the same period in the previous year, the firm posted ($0.06) EPS. The company’s quarterly revenue was down 2.5% compared to the same quarter last year. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. As a group, research analysts anticipate that Zumiez will post 0.87 earnings per share for the current year.

Key Zumiez News

Here are the key news stories impacting Zumiez this week:

• Positive Sentiment: Zumiez ended the quarter with $97.3 million in cash and current marketable securities, providing financial flexibility. The company also repurchased approximately 1.2 million shares for $23.2 million, which may support per-share value over the longer term. Zumiez Posts $2.7 Million Second-Quarter Loss as Sales Fall 2.5%
• Neutral Sentiment: Six-month revenue increased 0.9%, with growth outside the United States partly offsetting weaker domestic performance. Management’s long-term opportunity case relies on the balance sheet, international growth and a potential recovery in consumer demand. Zumiez: Weak Results But A Strong Balance Sheet Create A Long-Term Opportunity
• Negative Sentiment: Second-quarter revenue fell 2.5% year over year to $208.96 million, missing the $212.11 million consensus estimate. Comparable sales declined 2.1%, while EPS came in at a loss of $0.17 versus the expected loss of $0.14 and a loss of $0.06 in the prior-year quarter. Zumiez Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: The outlook was sharply reduced: third-quarter revenue is expected at $222 million to $226 million, versus a $238 million consensus, while EPS is projected at $0.00 to $0.10 compared with analyst expectations of $0.59. Third-quarter-to-date sales were already down 4.3% through September 7. Why Zumiez Stock Fell on Friday Morning
• Negative Sentiment: Management cited weaker U.S. traffic and demand, particularly in footwear, as key factors weighing on sales, margins and earnings. The guidance cut suggests these issues may persist into the next quarter. Zumiez Q2 Earnings Miss on U.S. Weakness and Footwear Softness

Hedge Funds Weigh In On Zumiez

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN increased its holdings in shares of Zumiez by 34.9% in the 4th quarter. Wells Fargo & Company MN now owns 14,814 shares of the apparel and footwear maker’s stock worth $386,000 after buying an additional 3,835 shares during the last quarter. Algert Global LLC purchased a new stake in Zumiez in the 3rd quarter valued at about $335,000. Mercer Global Advisors Inc. ADV boosted its position in Zumiez by 3.6% during 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. Mariner LLC acquired a new stake in Zumiez in the 4th quarter worth approximately $287,000. Finally, Virtu Financial LLC purchased a new position in shares of Zumiez during the 4th quarter valued at about $273,000. Hedge funds and other institutional investors own 95.45% of the company’s stock.

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.