Zumiez Inc. Announces Fiscal 2025 Fourth Quarter Results

Rhea-AI Summary

Zumiez (NASDAQ: ZUMZ) reported fiscal 2025 fourth-quarter and full-year results. For Q4 (13 weeks) net sales rose 4.4% to $291.3M, comparable sales +2.2%, gross margin improved 200 bps to 38.2% and diluted EPS was $1.16. Full-year net sales were $929.1M; net income $13.4M.

The company repurchased 2.7M shares for $38.3M and the board authorized up to $40M in new repurchases. Cash and marketable securities totaled $160.6M. Q1 FY2026 sales guidance is $189–$193M with EPS expected between a $0.77 and $0.87 loss. The company plans ~5 openings and ~25 closures in fiscal 2026.

Positive

• Gross margin +200 basis points to 38.2% in Q4
• Diluted EPS up 48.7% to $1.16 in Q4
• Full-year net sales up 4.5% to $929.1M
• Share repurchases 2.7M shares costing $38.3M
• Board authorized up to $40M new repurchase program
• Cash and marketable securities of $160.6M at year-end

Negative

• Q1 FY2026 guidance: EPS loss of $0.77 to $0.87
• Planned ~25 store closures (20 US, 5 Europe) in FY2026
• Fiscal 2025 impacted by $3.6M wage-and-hours settlement (~$0.15/share)

News Market Reaction – ZUMZ

-8.58%

5 alerts

-8.58% Session close to close

+12.4% Peak Tracked

-7.8% Trough Tracked

$397.30M Market Cap

0.1x Rel. Volume

In the Mar 13 session, ZUMZ declined 8.58%, reflecting a notable negative market reaction. Argus tracked a peak move of +12.4% during that session. Argus tracked a trough of -7.8% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -8.6% in the session following this news. A negative reaction despite solid Q4 metri...

Analysis

The stock moved -8.6% in the session following this news. A negative reaction despite solid Q4 metrics could reflect concern about forward guidance and structural shifts. While Q4 delivered $291.3M in net sales, 38.2% gross margin and $1.16 diluted EPS, FY 2026 guidance calls for Q1 net sales of $189–$193M and an EPS loss of $0.77–$0.87. Planned closure of roughly 25 stores may also highlight ongoing portfolio rationalization risks.

Key Figures

Q4 2025 net sales: $291.3M Q4 diluted EPS: $1.16 Q4 gross margin: 38.2% +5 more

8 metrics

Q4 2025 net sales $291.3M Quarter ended January 31, 2026, up 4.4% from prior-year $279.2M

Q4 diluted EPS $1.16 Quarter ended January 31, 2026, up from $0.78 prior year

Q4 gross margin 38.2% Fourth quarter 2025, up 200 basis points from 36.2%

FY 2025 net sales $929.1M Twelve months ended January 31, 2026, up from $889.2M

FY 2025 diluted EPS $0.78 Returned to profit from prior-year loss of $0.09 per share

Cash & marketable securities $160.6M As of January 31, 2026, up from $147.6M a year earlier

New repurchase authorization $40M Board-approved common stock repurchase capacity through January 29, 2028

Total stores 716 stores As of February 28, 2026 across US, Canada, Europe, Australia

Historical Context

4 past events · Latest: Feb 26 (Neutral)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 26	Earnings date notice	Neutral	-2.4%	Announced date and webcast details for fiscal 2025 Q4 and full-year results.
Jan 12	Holiday sales update	Positive	-7.3%	Reported holiday comps growth and raised Q4 EPS guidance despite softer international sales.
Dec 04	Q3 2025 earnings	Positive	+12.3%	Delivered Q3 sales and comps growth with improved profitability and stronger guidance.
Nov 20	Earnings date notice	Neutral	+7.0%	Set reporting date and call details for fiscal 2025 Q3 results and webcast.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Earnings-related and sales updates have produced mixed reactions, with one clear alignment and one clear divergence between positive news and price moves.

Recent Company History

Over the last six months, Zumiez has issued several operational and earnings updates. A strong fiscal Q3 2025 report with higher sales and comps on Dec 4, 2025 saw the stock rise 12.33%, while positive holiday sales and raised EPS guidance on Jan 12, 2026 corresponded with a 7.26% decline. Earnings-date announcements on Nov 20, 2025 and Feb 26, 2026 drew price moves without fundamental detail. Today’s full Q4 and FY results continue the narrative of gradual recovery and margin improvement.

Key Terms

basis points, comparable sales, stock repurchase authorization, marketable securities, +2 more

6 terms

basis points financial

"Fourth Quarter Gross Margin Increased 200 Basis Points to 38.2%"

Basis points are a way to measure small changes in interest rates or percentages, where one basis point equals 0.01%. For example, if a loan's interest rate increases by 50 basis points, it's gone up by 0.50%. They help people understand tiny differences in rates that can add up over time, making financial comparisons clearer.

comparable sales financial

"Net sales for the fourth quarter... Comparable sales for the thirteen weeks..."

"Comparable sales" are the total sales from stores or products that have been open for a certain period, usually the same time last year or last quarter. They help show whether a business is growing by comparing similar locations or products over time, much like checking if your favorite store's sales are going up compared to previous years.

stock repurchase authorization financial

"Board Approves New Stock Repurchase Authorization"

A stock repurchase authorization is board approval for a company to buy back its own shares up to a stated amount or time period, using its cash or borrowed funds. For investors it matters because reducing the number of shares outstanding can increase each remaining share’s claim on profits and often signals management’s confidence, but it also uses cash that could have been spent on other priorities — like shrinking a pie so each slice is bigger.

marketable securities financial

"cash and current marketable securities of $160.6 million"

Marketable securities are financial assets — such as publicly traded stocks, bonds, and short-term government bills — that a company can quickly sell for cash at a known price. Investors watch them because they show how much ready cash a company can access without selling core operations, like keeping money in a highly liquid savings account versus being tied up in a house, and they affect short-term risk, financial flexibility, and balance-sheet strength.

operating lease right-of-use assets financial

"Operating lease right-of-use assets | | 185,604"

An operating lease right-of-use (ROU) asset is an accounting entry that shows the value of a leased item you have the legal right to use—like a building, vehicle, or equipment—recorded on a company’s balance sheet along with the corresponding lease obligation. Investors care because it adds to reported assets and liabilities, changing measures like leverage and return on assets much like bringing a long-term rental onto the company’s financial snapshot, which can affect credit terms and valuation.

accrual for repurchase of common stock financial

"Supplemental disclosure on cash flow information: Accrual for repurchase of common stock"

An accrual for repurchase of common stock is an amount a company records on its books when it expects to buy back its own shares and knows the likely cost. Think of it like setting money aside in your household budget for a planned purchase: it reduces reported equity and signals promised cash outflow, which matters to investors because buybacks change share counts, per-share results, and the company’s available cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Fourth Quarter North American Comparable Sales Increased 5.5%
Fourth Quarter Gross Margin Increased 200 Basis Points to 38.2%
Fourth Quarter Earnings Per Share Increased 48.7% to $1.16
Board Approves New Stock Repurchase Authorization

LYNNWOOD, Wash., March 12, 2026 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the fourth quarter and year ended January 31, 2026.

Net sales for the fourth quarter ended January 31, 2026 (13 weeks) increased 4.4% to $291.3 million from $279.2 million in the fourth quarter ended February 1, 2025 (13 weeks). Comparable sales for the thirteen weeks ended January 31, 2026, increased 2.2%. Net income in the fourth quarter of fiscal 2025 increased 32.5% to $19.6 million, or $1.16 per share, compared to net income of $14.8 million, or $0.78 per share, in the fourth quarter of the prior fiscal year.

Total net sales for the twelve months (52 weeks) ended January 31, 2026, increased 4.5% to $929.1 million from $889.2 million reported for the twelve months (52 weeks) ended February 1, 2025. Comparable sales increased 4.3% for the fifty-two weeks ended January 31, 2026. Net income for fiscal 2025 increased $15.1 million to $13.4 million, or $0.78 per share, compared to a net loss of $1.7 million, or $0.09 per share in fiscal 2024. Fiscal 2025 was negatively impacted by $3.6 million, or approximately $0.15 per diluted share related to the settlement of a wage and hours lawsuit in California. 

As of January 31, 2026, the Company had cash and current marketable securities of $160.6 million compared to cash and current marketable securities of $147.6 million as of February 1, 2025. The increase was primarily driven by higher cash flow from operations, partially offset by share repurchases and capital expenditures. The Company repurchased 2.7 million shares during fiscal 2025 at an average cost of $14.18 per share and a total cost of $38.3 million.

Rick Brooks, Chief Executive Officer of Zumiez Inc., stated, “Our fourth quarter performance was highlighted by strong full price selling in North America which fueled mid-single digit comparable sales growth in the region and meaningful gross margin expansion. In addition to these results, our focus on assortment and full price selling in the European business drove 250 basis points of improvement in product margin year over year. Fiscal 2025 represented an important step towards returning to historical levels of sales and earnings, and while we still have work to do, our results underscore the success of our recent merchandise assortments, customer experience and expense management. We started the new year with good momentum and believe we have the right plans in place to build on our recent progress including generating increased cash which we’ll deploy to drive growth and enhanced shareholder value.” 

Fiscal First Quarter-to-Date Sales 

Total first quarter-to-date sales for the four weeks ended February 28, 2026, increased 9.8%, from the four weeks ended March 1, 2025. Comparable sales for the four weeks ended February 28, 2026, increased 7.5% from the four weeks ended March 1, 2025. From a regional perspective, comparable sales for North America increased 6.0% and other international comparable sales increased 13.2%.

Fiscal 2026 First Quarter Outlook

The Company is introducing guidance for the three months ending May 2, 2026. Net sales are projected to be in the range of $189 to $193 million. Earnings per share are expected to be between a loss of $0.77 and a loss of $0.87. 

In fiscal 2026 the Company currently intends to open approximately 5 new stores all located in North America and close roughly 25 stores, including 20 in the US and 5 in Europe. 

Stock Repurchase Authorization 

On March 11, 2026, the Board of Directors of Zumiez Inc. approved the repurchase of up to an aggregate of $40 million of common stock. The repurchase program is expected to continue through January 29, 2028, unless the time-period is extended or shortened by the Board of Directors. The repurchase program supersedes the prior authorization approved by the Board of Directors on June 4, 2025 that was set to expire on June 30, 2026.

Conference call Information 

To access the conference call, please pre-register using this link (Registration Link) Registrants will receive confirmation with dial-in details. The conference call will also be available to interested parties through a live webcast at https://ir.zumiez.com. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at https://ir.zumiez.com.

About Zumiez Inc.

Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of February 28, 2026, we operated 716 stores, including 560 in the United States, 45 in Canada, 83 in Europe and 28 in Australia. We operate under the names Zumiez, Blue Tomato and Fast Times. Additionally, we operate ecommerce web sites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au.

Safe Harbor Statement

Certain statements in this press release and oral statements relating thereto made from time to time by representatives of the Company may constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, predictions and guidance relating to the Company's future financial performance, brand and product category diversity, ability to adjust product mix, integration of acquired businesses, growing customer demand for our products and new store openings. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation, those described in the Company’s annual report on Form 10-K for the fiscal year ended January 28, 2023 as filed with the Securities and Exchange Commission and available at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Company Contact:
Darin White
Vice President of Finance &
Investor Relations
Zumiez Inc.
(425) 551-1500, ext. 1337

Investor Contact:
ICR
Brendon Frey
(203) 682-8200

ZUMIEZ INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited)
			Three Months Ended
			January 31,		% of			February 1,				% of
			2026		Sales				2025			Sales
			(Unaudited)					(Unaudited)
Net sales		$	291,308		100.0	%			279,160			100.0	%
Cost of goods sold			179,909		61.8	%			178,127			63.8	%
Gross profit			111,399		38.2	%			101,033			36.2	%
Selling, general and administrative expenses			86,366		29.6	%			80,903			29.0	%
Operating profit			25,033		8.6	%			20,130			7.2	%
Interest income, net			784		0.3	%			742			0.3	%
Other income (expense), net			719		0.2	%			(915	)		-0.3	%
Earnings before income taxes			26,536		9.1	%			19,957			7.2	%
Provision for income taxes			6,986		2.4	%			5,203			1.9	%
Net income		$	19,550		6.7	%		$	14,754			5.3	%
Basic earnings per share		$	1.22					$	0.80
Diluted earnings per share		$	1.16					$	0.78
Weighted average shares used in computation of earnings per share:
Basic			16,087						18,464
Diluted			16,800						18,806
			Fiscal Year Ended
			January 31,		% of			February 1,				% of
			2026		Sales				2025			Sales
			(Unaudited)
Net sales		$	929,057		100.0	%		$	889,202			100.0	%
Cost of goods sold			596,522		64.2	%			586,162			65.9	%
Gross profit			332,535		35.8	%			303,040			34.1	%
Selling, general and administrative expenses			315,494		34.0	%			301,090			33.9	%
Operating profit			17,041		1.8	%			1,950			0.2	%
Interest income, net			4,673		0.5	%			4,205			0.5	%
Other income (expense), net			2,349		0.3	%			(2,078	)		-0.2	%
Earnings before income taxes			24,063		2.6	%			4,077			0.5	%
Provision for income taxes			10,686		1.2	%			5,790			0.7	%
Net income (loss)		$	13,377		1.4	%		$	(1,713	)		-0.2	%
Basic earnings (loss) per share		$	0.80					$	(0.09	)
Diluted earnings (loss) per share		$	0.78					$	(0.09	)
Weighted average shares used in computation of earnings (loss) per share:
Basic			16,773						18,918
Diluted			17,248						18,918

ZUMIEZ INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)
		January 31, 2026				February 1, 2025
		(Unaudited)
Assets
Current assets
Cash and cash equivalents		$	127,860			$	112,668
Marketable securities			32,764				34,890
Receivables			13,957				12,825
Inventories			146,995				146,648
Prepaid expenses and other current assets			14,407				15,354
Total current assets			335,983				322,385
Fixed assets, net			72,813				80,178
Operating lease right-of-use assets			185,604				183,235
Goodwill			15,519				15,258
Intangible assets, net			15,513				13,577
Deferred tax assets, net			6,349				8,684
Other long-term assets			12,390				11,564
Total long-term assets			308,188				312,496
Total assets		$	644,171			$	634,881
Liabilities and Shareholders’ Equity
Current liabilities
Trade accounts payable		$	49,150			$	49,389
Accrued payroll and payroll taxes			28,221				21,962
Operating lease liabilities			54,023				56,009
Other current liabilities			36,136				28,154
Total current liabilities			167,530				155,514
Long-term operating lease liabilities			145,306				143,812
Other long-term liabilities			7,050				6,578
Total long-term liabilities			152,356				150,390
Total liabilities			319,886				305,904
Shareholders’ equity
Preferred stock, no par value, 20,000 shares authorized; none issued and outstanding			—				—
Common stock, no par value, 50,000 shares authorized; 16,971 shares issued and outstanding at January 31, 2026 and 19,159 shares issued and outstanding at February 1, 2025			211,764				203,581
Accumulated other comprehensive loss			(11,438	)			(23,778	)
Retained earnings			123,959				149,174
Total shareholders’ equity			324,285				328,977
Total liabilities and shareholders’ equity		$	644,171			$	634,881

ZUMIEZ INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)
		Fiscal Year Ended
		January 31, 2026				February 1, 2025
		(Unaudited)
Cash flows from operating activities:
Net income (loss)		$	13,377			$	(1,713	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, amortization and accretion			21,121				22,160
Noncash lease expense			63,782				64,415
Deferred taxes			2,608				(609	)
Stock-based compensation expense			7,274				6,831
Impairment of goodwill and long-lived assets			1,850				1,473
Foreign currency transaction (gain) loss			(1,118	)			2,145
Other			208				178
Changes in operating assets and liabilities:
Receivables			2,249				1,533
Inventories			5,092				(21,687	)
Prepaid expenses and other assets			(1,647	)			1,558
Trade accounts payable			(2,264	)			11,698
Accrued payroll and payroll taxes			5,479				3,768
Income taxes payable			2,510				4,705
Operating lease liabilities			(69,420	)			(73,564	)
Other liabilities			2,373				(2,190	)
Net cash provided by operating activities			53,474				20,701
Cash flows from investing activities:
Additions to fixed assets			(11,061	)			(15,004	)
Purchases of marketable securities and other investments			(23,098	)			(2,980	)
Sales and maturities of marketable securities and other investments			27,768				50,586
Net cash (used in) provided by investing activities			(6,391	)			32,602
Cash flows from financing activities:
Proceeds from revolving credit facilities			6,894				3,220
Payments on revolving credit facilities			(6,894	)			(3,220	)
Proceeds from the issuance and exercise of stock-based awards, net of tax			909				606
Repurchase of common stock			(38,253	)			(25,206	)
Net cash (used in) provided by financing activities			(37,344	)			(24,600	)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash			2,845				(1,458	)
Net change in cash, cash equivalents, and restricted cash			12,584				27,245
Cash, cash equivalents, and restricted cash, beginning of period			121,529				94,284
Cash, cash equivalents, and restricted cash, end of period		$	134,113			$	121,529
Supplemental disclosure on cash flow information:
Accrual for purchases of fixed assets			815				109
Accrual for repurchase of common stock			339				-

FAQ

What were Zumiez's Q4 2025 results (ZUMZ) for sales, margin and EPS?

Zumiez reported Q4 net sales of $291.3M, gross margin 38.2% and diluted EPS $1.16. According to the company, comparable sales for the 13-week quarter rose 2.2% and gross margin expanded by 200 basis points versus prior-year quarter.

How much stock did Zumiez (ZUMZ) repurchase in fiscal 2025 and what's the new authorization?

Zumiez repurchased 2.7M shares in fiscal 2025 at a total cost of $38.3M. According to the company, the board approved a new repurchase authorization of up to $40M through January 29, 2028.

What is Zumiez's Q1 FY2026 guidance for revenue and earnings per share (ZUMZ)?

Zumiez expects Q1 net sales of $189–$193M and EPS between a $0.77 and $0.87 loss. According to the company, this guidance reflects current trading and planned operational changes including store rationalization.

How many stores will Zumiez (ZUMZ) open and close in fiscal 2026?

Zumiez intends to open about 5 new North America stores and close roughly 25 stores globally. According to the company, the closures include about 20 in the US and 5 in Europe as part of portfolio optimization.

What was Zumiez's cash and marketable securities position at fiscal year-end 2025 (ZUMZ)?

Zumiez held $160.6M in cash and current marketable securities as of January 31, 2026. According to the company, the increase from prior year was driven by higher operating cash flow, partly offset by repurchases and capital expenditures.

How did Zumiez's full-year profitability change in fiscal 2025 compared to fiscal 2024 (ZUMZ)?

Zumiez reported full-year net income of $13.4M in fiscal 2025 versus a $1.7M loss in fiscal 2024. According to the company, the improvement reflects higher sales, margin expansion and expense management, despite a $3.6M legal settlement.