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Zumiez Inc (ZUMZ) stock

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NASDAQ: ZUMZ Nasdaq Apparel Retail Next results ~December 3, 2026

C+ Fundamentals grade

Zumiez Inc is a US-listed company in the apparel retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$15

Cash-flow model

Base case. Range ~$13–$18 across our lower- and higher-growth cases (-2.5%–7.5% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 6% below our base value.

Price used: $14.34, November 3, 2026

Zumiez Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 6 selling1 purchase and 13 sales by directors and officers, last 12 monthsInsider trades
  • Funds56 adding, 67 cuttingOf 26 active managers that changed their stake, 13 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Zumiez files

Where Zumiez stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $933m, up 3.6% on a year earlier, slower than the 4.7% growth a quarter earlier. Free-cash-flow margin rose to 2.7% from 1.4% a year earlier. The diluted share count is down 7.9% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $15.48 a share, against a share price of $14.77. At that price, our model says the market is pricing in about 1.1% a year of cash-flow growth for five years, faster than the -4.7% a year revenue growth it has delivered.

Source: 10-Q filed September 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~December 3, 2026 (estimated)

Zumiez Inc's trailing-twelve-month revenue grew 3.6% year on year, with a free-cash-flow margin of 2.7%. Where it stands out: change in share count of -7.9% ranks 2 of 27 apparel retail companies we cover.

Our discounted-cash-flow model values the business at ~$15 per share in the base case (~$13–$18 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 99.5% while net income grew 2086.1%: a 1987pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 7.9% in a year, so each share owns more of the business.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 54% and a beta of 1.6 against the S&P 500.
  • Heavily shorted. 15.6% of the shares available to trade are sold short (4.9 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 41.3% over 90 days.

Latest results: FY2027 Q2

Filed September 10, 2026
Earnings per share
-$0.17 against an average estimate of -$0.14: missed by 21.4%
Revenue
$209m, down 2.5% on a year earlier
Share reaction
-17.1% in the first session after the results on September 10, 2026, against +0.2% for the S&P 500
Next report
December 3, 2026; average EPS estimate $0.07

Zumiez's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.2%
  • 1 week+2.5%
  • 1 month+7.9%
  • This year-42.5%
  • 1 year-33.7%
  • 5 years-70.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$933M
Operating margin
2.2%
Net margin
1.4%
EPS (TTM, diluted)
$0.77

Growth

Revenue growth
+3.6%
Change in growth rate
−1.1 pts
Share count change
−7.9%

Cash

Free cash flow (TTM)
$25.1M
FCF margin
2.7%
Stock pay % of revenue
0.8%

Earnings

Last results
September 10, 2026
Next results (est.)
December 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Zumiez Inc valuation models and calculator

What the price is pricing in

The share price implies about 0.5% a year of cash-flow growth for five years.That is faster than the -4.7% a year revenue growth Zumiez has delivered.

  • Priced in0.5%
  • Last 12 months3.6%
  • 3 years a year1.4%
  • 5 years a year-4.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($14.34, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$15
Price used
$14.34close November 3, 2026
Implied change
▲ +6%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Zumiez Inc's free cash flow after stock-based pay with after-tax interest added back ($8.5M, FY2027 Q2 TTM), growing 1.1% and 2.6% in the next two years (forecasts, guidance and its record), then back to 2.5% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$13–~$18 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Zumiez Inc's free cash flow after stock-based pay ( $8.5M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Zumiez Inc as an operating company, with every model that fits that kind of business. Cost of equity 10.4%: the 10-year Treasury yield (4.9%) plus a beta of 1.22 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$15 ~$13–$18 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$5.7 ~$8.6–$18 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$3.3 ~$2.0–$5.4 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity below long-run growth
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$9.9 ~$3.3–$15 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Zumiez Inc with Apparel Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −21%
  • Revenue growth 5 points higher ▲ +27%
  • Free-cash-flow margin 1 point lower ▼ −31%
  • Last year's free-cash-flow margin change, if it persists ▲ +66%
  • Discount rate 1 point higher ▼ −12%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $14$17$20$25$32$40
8.5% $12$14$17$20$25$31
10% $11$13$15$17$21$25

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$18.11$18.85$20.55$25.14$31.17$43.08$43.25$25.75$17.70$15.96$24.61$14.97
Market value$501m$470m$511m$634m$796m$1.1bn$1.1bn$500m$341m$302m$424m$247m
+ Net debt (− = net cash)−$43m−$20m−$24m−$52m−$52m−$74m−$117m−$82m−$89m−$113m−$128m−$50m
Enterprise value$458m$449m$487m$581m$743m$1.0bn$946m$419m$253m$189m$297m$197m
Multiples
Price / sales 0.6x0.6x0.6x0.6x0.8x1.1x0.9x0.5x0.4x0.3x0.5x0.3x
Price / earnings 17.4x18.1x19.1x14.0x11.9x14.4x8.9x23.8x——31.7x19.5x
Price / free cash flow 34.6x16.7x12.3x14.3x9.1x8.5x8.9x——53.0x10.0x9.9x
EV / EBITDA 6.0x6.6x6.4x6.6x6.7x8.4x5.2x7.9x—7.8x7.8x4.9x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

45 /100

Moderate moat

How hard Zumiez's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 7 / 20

    Net income has been a median 5.6% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 34.5%, moving by 1.8 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 5.3%; its worst year was -6.0%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 9 of 10 years, at a median 3.2% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 35.7% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (50 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: December 3, 2026, after the close. Analysts expect revenue of $224m and EPS of $0.07 (range $0.04 to $0.10) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.46 −41% $914m −2%
Next $0.88 +91% $941m +3%

Next year's EPS estimate has moved −41.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −46.5% on 90 days ago. In the last 30 days, 0 analysts raised Zumiez Inc's forecast and 1 cut it.

Consensus EPS forecast Zumiez Inc, last 90 days
$0.00 $0.50 $1.00 $1.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.86 Current fiscal year, 60 days ago: $0.86 Current fiscal year, 30 days ago: $0.86 Current fiscal year, 7 days ago: $0.86 Current fiscal year, Now: $0.46 $0.46 Next fiscal year, 90 days ago: $1.50 Next fiscal year, 60 days ago: $1.50 Next fiscal year, 30 days ago: $1.50 Next fiscal year, 7 days ago: $1.47 Next fiscal year, Now: $0.88 $0.88

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.86$1.50
60 days ago $0.86$1.50
30 days ago $0.86$1.50
7 days ago $0.86$1.47
Now $0.46$0.88

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 −$0.14 −$0.17 −21.4%
Apr 2026 −$0.81 −$0.82 −1.7%
Jan 2026 $1.06 $1.16 +8.9%
Oct 2025 $0.27 $0.55 +106.2%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Zumiez Inc's revenue by +1.1% next year and +2.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-0.5%, weight 45%) and the company's own record (+2.5%, weight 55%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy00%
Hold2100%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202622
  3. Aug 202633

Counts of recommendations published by analysts covering Zumiez Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
15.6%
of tradable shares
Days to cover
4.94
at average volume
Short interest, 1 month
+14%
to October 15, 2026
Held by institutions
88%
of shares
Held by insiders
25.6%
of shares
Employees
2,400
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −30.9%

$21.65 on October 31, 2025 to $14.97

ThenNowEffect
Revenue (last 12 months) $900m $933m +3.6%
Net margin 0.1% 1.4% +2009.9%
P/E multiple n/m 19.5x −97.1%
Share count 18m 17m +8.5%

Biggest factor: p/e multiple.

Last 3 years −11.5%

$16.91 on November 3, 2023 to $14.97

ThenNowEffect
Revenue (last 12 months) $895m $933m +4.2%
P/S multiple 0.4x 0.3x −27.5%
Share count 19m 17m +17.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ZUMZ+31%−55%−6%−6%+36%−43%
Industry peers (median)+70%−40%+11%+11%+6%−6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ZUMZ67%17%50%58%75%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ZUMZ−27%−61%−52%−36%−40%−51%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 79% from November 22, 2021 to June 6, 2025. Getting back needed a 372% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$13.20 – $30.62
From 52-week high
−51.1%
vs 50-day average
−0.5%
vs 200-day average
−26.3%
Volatility (1 year)
54%
Beta vs S&P 500
1.57

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±10.1%
After a week
4 up, 8 down
typical move ±10.9%
After a month
6 up, 6 down
typical move ±10.8%
Results releasedNext dayS&P 500 next day5 days21 days
September 10, 2026 −17.1% +0.2% −23.3% −17.5%
June 4, 2026 −24.8% −2.2% −19.9% −24.1%
March 12, 2026 −7.5% −2.1% −9.2% +5.9%
December 4, 2025 +10.3% +0.3% +4.3% −4.8%
September 4, 2025 +21.5% +0.5% +20.2% +14.1%
June 5, 2025 −7.9% +0.5% −3.6% +10.2%
March 13, 2025 +3.9% +0.7% +14.0% +0.6%
December 5, 2024 −1.4% 0.0% −9.4% −18.1%
September 5, 2024 +0.9% −1.9% −12.2% −14.8%
June 6, 2024 −3.0% −0.1% −7.9% +6.3%
March 14, 2024 −11.7% −0.9% −4.5% −7.2%
November 30, 2023 +11.2% +1.0% +2.4% +6.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Zumiez Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Zumiez Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Zumiez Inc
$860M $880M $900M $920M $940M FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $873.8M Revenue (TTM), FY24 Q4: $875.5M Revenue (TTM), FY25 Q1: $870M Revenue (TTM), FY25 Q2: $885.7M Revenue (TTM), FY25 Q3: $891.9M Revenue (TTM), FY25 Q4: $889.2M Revenue (TTM), FY26 Q1: $896.2M Revenue (TTM), FY26 Q2: $900.3M Revenue (TTM), FY26 Q3: $916.9M Revenue (TTM), FY26 Q4: $929.1M Revenue (TTM), FY27 Q1: $938.1M Revenue (TTM), FY27 Q2: $932.8M $932.8M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $873.8M
FY24 Q4 $875.5M
FY25 Q1 $870M
FY25 Q2 $885.7M
FY25 Q3 $891.9M
FY25 Q4 $889.2M
FY26 Q1 $896.2M
FY26 Q2 $900.3M
FY26 Q3 $916.9M
FY26 Q4 $929.1M
FY27 Q1 $938.1M
FY27 Q2 $932.8M
Revenue growth, TTM YoY Zumiez Inc
-15% -10% -5% 0% 5% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -14.7% Revenue growth, TTM YoY, FY24 Q4: -8.6% Revenue growth, TTM YoY, FY25 Q1: -5.5% Revenue growth, TTM YoY, FY25 Q2: -1.0% Revenue growth, TTM YoY, FY25 Q3: 2.1% Revenue growth, TTM YoY, FY25 Q4: 1.6% Revenue growth, TTM YoY, FY26 Q1: 3.0% Revenue growth, TTM YoY, FY26 Q2: 1.6% Revenue growth, TTM YoY, FY26 Q3: 2.8% Revenue growth, TTM YoY, FY26 Q4: 4.5% Revenue growth, TTM YoY, FY27 Q1: 4.7% Revenue growth, TTM YoY, FY27 Q2: 3.6% 3.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -14.7%
FY24 Q4 -8.6%
FY25 Q1 -5.5%
FY25 Q2 -1.0%
FY25 Q3 2.1%
FY25 Q4 1.6%
FY26 Q1 3.0%
FY26 Q2 1.6%
FY26 Q3 2.8%
FY26 Q4 4.5%
FY27 Q1 4.7%
FY27 Q2 3.6%
Operating margin (TTM) Zumiez Inc
-10% -5% 0% 5% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: -1.9% Operating margin (TTM), FY24 Q4: -7.4% Operating margin (TTM), FY25 Q1: -7.3% Operating margin (TTM), FY25 Q2: -6.0% Operating margin (TTM), FY25 Q3: -5.7% Operating margin (TTM), FY25 Q4: 0.2% Operating margin (TTM), FY26 Q1: 0.2% Operating margin (TTM), FY26 Q2: 0.3% Operating margin (TTM), FY26 Q3: 1.3% Operating margin (TTM), FY26 Q4: 1.8% Operating margin (TTM), FY27 Q1: 2.3% Operating margin (TTM), FY27 Q2: 2.2% 2.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 -1.9%
FY24 Q4 -7.4%
FY25 Q1 -7.3%
FY25 Q2 -6.0%
FY25 Q3 -5.7%
FY25 Q4 0.2%
FY26 Q1 0.2%
FY26 Q2 0.3%
FY26 Q3 1.3%
FY26 Q4 1.8%
FY27 Q1 2.3%
FY27 Q2 2.2%
FCF margin (TTM) Zumiez Inc
-2% 0% 2% 4% 6% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: -1.3% FCF margin (TTM), FY24 Q4: -0.6% FCF margin (TTM), FY25 Q1: -1.0% FCF margin (TTM), FY25 Q2: 1.0% FCF margin (TTM), FY25 Q3: -1.2% FCF margin (TTM), FY25 Q4: 0.6% FCF margin (TTM), FY26 Q1: 0.3% FCF margin (TTM), FY26 Q2: 1.4% FCF margin (TTM), FY26 Q3: 4.1% FCF margin (TTM), FY26 Q4: 4.6% FCF margin (TTM), FY27 Q1: 3.9% FCF margin (TTM), FY27 Q2: 2.7% 2.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 -1.3%
FY24 Q4 -0.6%
FY25 Q1 -1.0%
FY25 Q2 1.0%
FY25 Q3 -1.2%
FY25 Q4 0.6%
FY26 Q1 0.3%
FY26 Q2 1.4%
FY26 Q3 4.1%
FY26 Q4 4.6%
FY27 Q1 3.9%
FY27 Q2 2.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Zumiez took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $929M
  2. Other income $7M · 0.8%
  3. Cost of revenue $597M · 64.2%
  4. Gross profit $333M · 35.8%
  5. Selling, general and admin $315M · 34.0%
  6. Operating income $17M · 1.8%
  7. Income tax $10.7M · 1.2%
  8. Net income $13.4M · 1.4%

Shares of revenue. Source: Zumiez's 10-K for FY2026, as filed with the SEC. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 408 479 556 669 724 812 804 836 927 979 1,034 991 1,184 958 875 889 929 933
Gross profit 133 168 202 241 262 287 269 275 310 336 367 350 457 325 281 303 333 336
EBITDA 35 55 80 91 99 101 77 68 76 88 111 121 181 53 −42 24 38 40
Operating income 13 37 60 69 73 72 46 40 49 61 86 97 158 31 −65 2 17 20
Net income 9 24 37 42 46 43 29 26 27 45 67 76 119 21 −63 −2 13 13
Diluted EPS $0.30 $0.79 $1.20 $1.35 $1.52 $1.47 $1.04 $1.04 $1.08 $1.79 $2.62 $3.00 $4.85 $1.08 −$3.25 −$0.09 $0.78 $0.77
Growth (year on year)
Revenue — +17.5% +16.1% +20.4% +8.2% +12.0% −0.9% +4.0% +10.9% +5.5% +5.7% −4.2% +19.5% −19.0% −8.6% +1.6% +4.5% +3.6%
EBITDA — +58.8% +44.6% +14.4% +8.7% +1.3% −24.0% −11.6% +12.4% +16.2% +25.9% +8.8% +49.4% −70.8% −179.7% — +58.3% +64.3%
Operating income — +193.4% +61.2% +13.8% +6.3% −1.7% −35.5% −13.9% +22.7% +25.3% +40.5% +13.0% +62.8% −80.3% −308.3% — — —
Net income — +165.1% +54.3% +12.9% +9.0% −6.0% −33.4% −10.0% +3.5% +68.7% +48.0% +14.0% +56.5% −82.4% −397.7% — — —
Diluted EPS — +163.3% +51.9% +12.5% +12.6% −3.3% −29.3% 0.0% +3.8% +65.7% +46.4% +14.5% +61.7% −77.7% −400.9% — — —
Margins
Gross margin 32.7% 35.0% 36.3% 36.0% 36.1% 35.4% 33.4% 32.9% 33.4% 34.3% 35.4% 35.3% 38.6% 33.9% 32.1% 34.1% 35.8% 36.1%
EBITDA margin 8.5% 11.5% 14.4% 13.7% 13.7% 12.4% 9.5% 8.1% 8.2% 9.0% 10.8% 12.2% 15.3% 5.5% −4.8% 2.7% 4.1% 4.3%
Operating margin 3.1% 7.8% 10.8% 10.2% 10.1% 8.8% 5.7% 4.8% 5.3% 6.2% 8.3% 9.8% 13.3% 3.2% −7.4% 0.2% 1.8% 2.2%
Net margin 2.2% 5.1% 6.7% 6.3% 6.3% 5.3% 3.6% 3.1% 2.9% 4.6% 6.5% 7.7% 10.1% 2.2% −7.2% −0.2% 1.4% 1.4%
Free-cash-flow margin 7.0% 4.0% 7.7% 3.8% 4.3% 6.7% 1.8% 3.4% 4.5% 4.5% 8.4% 13.1% 10.1% −2.7% −0.6% 0.6% 4.6% 2.7%
Cash flow
Cash from operations 45 48 68 66 67 90 49 48 66 65 106 138 135 −0 15 21 53 36
Capital spending 16 29 26 41 36 36 35 20 24 21 19 9 16 26 20 15 11 11
Free cash flow 29 19 43 25 31 54 14 28 41 44 87 129 119 −26 −6 6 42 25
Stock-based pay 4 5 5 6 4 8 5 5 5 6 6 6 7 7 7 7 7 8
Free cash flow after stock pay 24 14 37 19 27 47 9 23 36 39 81 123 112 −33 −13 −1 35 17
Balance sheet
Cash 2 11 15 18 20 21 43 20 24 52 52 74 117 82 89 113 128 50
Total debt 0 — — — — — — — — — — — — — — — — 0
Net debt (negative = net cash) −2 −11 −15 −18 −20 −21 −43 −20 −24 −52 −52 −74 −117 −82 −89 −113 −128 −50
Diluted shares 30m 31m 31m 31m 30m 29m 28m 25m 25m 25m 26m 25m 25m 19m 19m 19m 17m 17m
Returned to shareholders
Buybacks — — — 25 18 20 92 22 — — — 13 194 88 — 25 38 35
Total returned — — — 25 18 20 92 22 — — — 13 194 88 — 25 38 35

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · August 1, 2026
What it owns · $627m
Short-term assets $296mLonger-term assets $331m
What it owes, and who funded it · $627m
Short-term liabilities $173mLonger-term liabilities $176mShareholders' equity $279m
  • Short-term assets cover short-term liabilities $296m of assets due within a year against $173m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $296m short-term assets against $176m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Zumiez Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$34.5M
Returned to shareholders
138%
of free cash flow
Buybacks, last 3 fiscal years
$151M
Diluted share count
−7.9%
year over year
Total shareholder yield
14.6%
dividends 0.0% + buybacks 14.6% of market value
Sales & admin spending
33.9%
of revenue

Competitors: side by side with peers

Closest by revenue in apparel retail
Last 12 months unless stated ZUMZ CURV CTRN SHOE PLCE LE Median
Revenue, last 12 months $933m $949m $870m $1.1bn $1.1bn $1.2bn $1.1bn
Revenue growth, last 12 months 3.6% −11.2% 11.1% −4.1% −15.9% 1.4% 4.2%
Revenue growth, 3-year average 1.4% −7.1% 4.8% −2.9% −11.7% −3.6% 0.9%
Revenue growth, latest quarter −2.5% −11.8% 10.9% −7.2% −18.9% 5.3% 4.4%
Gross margin 36.1% 34.7% 35.5% 34.5% 29.0% 55.7% 40.1%
Operating margin 2.2% 1.9% 0.6% 2.8% −8.2% 0.6% 2.0%
Operating margin, 3-year average −1.2% 3.5% −1.4% 5.8% −3.8% −0.9% 0.2%
Net margin 1.4% −0.9% 0.8% 2.2% −11.8% 30.5% 1.5%
Cash from operations / revenue 3.8% −0.1% 4.0% 9.2% 4.4% −3.2% 4.9%
Free-cash-flow margin 2.7% −1.4% 0.7% 6.0% 2.0% −6.4% 2.9%
Free-cash-flow margin, 3-year average 1.7% 1.1% −0.5% 5.4% −1.4% −0.3% 1.7%
Stock pay / revenue 0.8% 0.6% 0.7% 0.8% −0.0% 0.5% 0.7%
Change in share count −7.9% −5.6% 0.7% −0.2% 28.0% −1.2% −0.3%

Median of all 28 companies we cover in apparel retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

28 apparel retail companies
Measure Company Peer median Rank
Revenue growth Growth 3.6% 4.7% 15 of 28
Change in growth rate Growth -1.1pp -0.2pp 21 of 28
Gross margin Profitability 36.1% 40.5% 17 of 26
Operating margin Profitability 2.2% 1.9% 11 of 25
Net margin Profitability 1.4% 1.7% 15 of 28
Free-cash-flow margin Cash generation 2.7% 3.0% 15 of 28
Stock pay as % of revenue Cash generation 0.8% 0.7% 18 of 26
Change in share count Balance sheet -7.9% -0.3% 2 of 27

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 31, 2026
Geography
Region Revenue Share YoY
United States $708M 76.2% ▲ 5.0%
Outside the US $221M 23.8% ▲ 2.9%
Europe $148M 66.9% ▲ 2.1%
Canada $49.3M 22.3% ▲ 7.6%
Australia $23.9M 10.8% ▼ 1.3%

From Zumiez Inc's 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$233M
Institutions reporting
122
Shares held vs prior quarter
▼ 2.8%
Positions opened / closed
13 / 19

Top buyers and sellers, Q2 2026: 56 institutions bought and 67 sold ; the biggest buyer was Tieton Capital Management, LLC (+185K shares) and the biggest seller Hillsdale Investment Management Inc (−297K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $34.5M 1.9M 14.8% ▲ 1.1%
Dimensional Fund Advisors LP $18.7M 1.0M 8.0% ▲ 3.3%
Goldman Sachs Group Inc $14.4M 808K 6.2% ▲ 14.4%
Acadian Asset Management LLC $12.4M 698K 5.3% ▲ 2.8%
Vanguard Capital Management LLC $10.3M 577K 4.4% ▼ 2.4%
Tieton Capital Management, LLC $7.9M 446K 3.4% ▲ 71.2%
Arrowstreet Capital, Limited Partnership $7.8M 441K 3.4% ▼ 6.5%
Vanguard Portfolio Management LLC $6.8M 379K 2.9% ▲ 3.6%
Paradigm Capital Management Inc $6.7M 374K 2.9% ▲ 0.3%
Ameriprise Financial Inc $6.6M 370K 2.8% ▲ 3.7%
Geode Capital Management, LLC $6.4M 357K 2.7% ▼ 2.6%
Charles Schwab Investment Management Inc $6.1M 344K 2.6% ▼ 30.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Zumiez Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $134,000 1 trade by 1 insider, last 12 months Insider sales History → $1.7M 13 trades by 6 insiders · 4% under pre-set plans
Net ▼ $1.5M net selling
Insider Date Trade Shares Price Value
Ellis Adam Christopher President International September 18, 2026 Buy 10,000 $13.40 $134,000
Valletta Liliana Gil Director June 15, 2026 Sell 540 $18.64 $10,066
Valletta Liliana Gil Director June 12, 2026 Sell 1,319 $18.81 $24,810
Valletta Liliana Gil Director June 11, 2026 Sell 3,841 $18.82 $72,288
Valletta Liliana Gil Director June 9, 2026 Sell 300 $19.41 $5,823
Visser Chris K. Chief Legal Officer & Sec. April 1, 2026 Sell 9,974 $22.21 $221,523
Ellis Adam Christopher President International December 22, 2025 Sell 7,319 $28.41 $207,933
Smith Travis Director December 19, 2025 Sell 9,175 $28.36 $260,203
Visser Chris K. Chief Legal Officer & Sec. December 15, 2025 Sell 8,159 $29.39 $239,793
Visser Chris K. Chief Legal Officer & Sec. December 15, 2025 Sell 1,884 $29.12 $54,862
Harkless Guy Matthew Director December 11, 2025 Sell pre-set plan 2,500 $29.19 $72,975
Smith Travis Director December 9, 2025 Sell 9,349 $30.10 $281,405

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 3, 2026 estimated from the company's past filing pattern, not announced

  • September 10, 2026
  • June 4, 2026
  • March 12, 2026
  • December 4, 2025
  • September 4, 2025
  • June 5, 2025

Recent SEC filings

Data status

When each part of this page on Zumiez Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Zumiez Inc in brief

What does Zumiez Inc do?
Zumiez Inc is a US-listed company in the apparel retail industry. Its financial year ends in January.
What is Zumiez Inc's stock ticker?
Zumiez Inc trades under the ticker ZUMZ on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Zumiez Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Zumiez Inc reported revenue of $933M, 3.6% higher than a year earlier, according to its SEC filings.
What is Zumiez Inc's free cash flow?
Zumiez Inc's free-cash-flow margin is 2.7% of revenue over the trailing twelve months, ranking 15 of the 28 apparel retail companies we cover.
What is Zumiez Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Zumiez Inc's free cash flow after stock-based pay gives ~$15 per share in the base case, and ~$13–$18 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Zumiez Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Goldman Sachs Group Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Zumiez Inc buying back stock, and does it pay a dividend?
Zumiez Inc spent $34.5M on share repurchases over the trailing twelve months, and its diluted share count fell 7.9% over the year.
What is Zumiez Inc's market cap?
On November 2, 2026, Zumiez Inc's market capitalisation was about $247M, with a price-to-earnings ratio of 19.5 and net debt of -$50.3M. Market figures come from third-party market data and may be delayed.
Who are Zumiez Inc's competitors?
In our Apparel Retail peer group, the companies closest to Zumiez Inc are Torrid Holdings Inc., Citi Trends Inc, Shoe Station Group Inc, Childrens Place, Inc. and Lands' END, Inc. The side-by-side comparison below sets their revenue, margins and growth against Zumiez Inc's.
Are insiders buying or selling Zumiez Inc stock?
Over the last 12 months, Zumiez Inc's directors and officers reported 1 open-market purchases and 13 sales on Form 4. The insider trading page charts every trade.
When is Zumiez Inc's next earnings date?
Around December 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Zumiez Inc announces its own schedule.