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Zumiez Inc. Announces Fiscal 2025 Second Quarter Results

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Zumiez (NASDAQ: ZUMZ) reported mixed Q2 2025 results with net sales increasing 1.9% to $214.3 million. The company posted a net loss of $1.0 million, or $0.06 per share, compared to a $0.8 million loss in Q2 2024. Comparable sales grew 2.5%, with North American sales showing strength at 4.2% growth.

The company's cash position decreased to $106.7 million from $127.0 million year-over-year, primarily due to $38.3 million in share repurchases and capital expenditures. Third quarter-to-date performance shows strong momentum with comparable sales up 11.2%, led by 13.0% growth in North America. For Q3 2025, Zumiez projects net sales between $232-237 million with comparable sales growth of 5.5-7.5%.

Zumiez (NASDAQ: ZUMZ) ha comunicato risultati misti nel 2° trimestre 2025: le vendite nette sono salite dell'1,9% a $214,3 milioni. L'azienda ha registrato una perdita netta di $1,0 milione (pari a $0,06 per azione), rispetto a una perdita di $0,8 milioni nel 2° trimestre 2024. Le vendite comparabili sono aumentate del 2,5%, con la regione nordamericana in crescita del 4,2%.

La liquidità è scesa a $106,7 milioni da $127,0 milioni su base annua, principalmente a causa di $38,3 milioni per riacquisto di azioni e spese in conto capitale. Il trimestre in corso mostra slancio positivo: le vendite comparabili sono aumentate del 11,2%, trainate da una crescita del 13,0% in Nord America. Per il 3° trimestre 2025, Zumiez prevede vendite nette tra $232-237 milioni e una crescita delle vendite comparabili del 5,5-7,5%.

Zumiez (NASDAQ: ZUMZ) presentó resultados mixtos en el 2T 2025: las ventas netas aumentaron un 1,9% hasta $214,3 millones. La compañía registró una pérdida neta de $1,0 millón (o $0,06 por acción), frente a una pérdida de $0,8 millones en el 2T 2024. Las ventas comparables subieron un 2,5%, con Norteamérica mostrando fortaleza con un crecimiento del 4,2%.

La posición de efectivo disminuyó a $106,7 millones desde $127,0 millones interanual, principalmente por $38,3 millones en recompras de acciones y gastos de capital. El desempeño del trimestre hasta la fecha muestra un sólido impulso, con ventas comparables al alza del 11,2%, lideradas por un crecimiento del 13,0% en Norteamérica. Para el 3T 2025, Zumiez proyecta ventas netas entre $232-237 millones y un crecimiento de ventas comparables del 5,5-7,5%.

Zumiez (NASDAQ: ZUMZ)� 2025� 2분기� 혼조� 실적� 발표했습니다. 순매출은 1.9% 증가� $214.3밶리언� 기록했습니다. 회사� 2024� 2분기 $0.8밶리언 손실� 비교� $1.0밶리언� 순손�(주당 $0.06)� 보고했습니다. 비교 매출은 2.5% 성장했으� 북미 매출은 4.2% 증가하며 견조� 모습� 보였습니�.

현금 보유액은 전년 대� $127.0밶리언에서 $106.7밶리언으로 감소했으�, 이는 주로 $38.3밀리언� 자사� 매입� 자본� 지� 때문입니�. 3분기 현재까지� 실적은 강한 모멘텀� 보이� 비교 매출� 11.2% 상승했고 북미에서 13.0% 성장� 견인했습니다. Zumiez� 2025� 3분기 순매출을 $232-237밶리언으로, 비교 매출 성장률을 5.5-7.5%� 전망합니�.

Zumiez (NASDAQ: ZUMZ) a publié des résultats mitigés au 2e trimestre 2025 : le chiffre d'affaires net a augmenté de 1,9% pour atteindre 214,3 M$. La société a enregistré une perte nette de 1,0 M$ (soit 0,06$ par action), contre une perte de 0,8 M$ au 2e trimestre 2024. Les ventes comparables ont progressé de 2,5%, la région nord-américaine affichant une hausse de 4,2%.

La trésorerie est passée de 127,0 M$ à 106,7 M$ en glissement annuel, principalement en raison de 38,3 M$ de rachats d'actions et de dépenses en immobilisations. Le trimestre en cours montre un fort élan : les ventes comparables sont en hausse de 11,2%, portées par une croissance de 13,0% en Amérique du Nord. Pour le 3e trimestre 2025, Zumiez prévoit un chiffre d'affaires net compris entre 232 et 237 M$ et une croissance des ventes comparables de 5,5 à 7,5%.

Zumiez (NASDAQ: ZUMZ) meldete gemischte Ergebnisse für das 2. Quartal 2025: Der Nettoumsatz stieg um 1,9% auf $214,3 Millionen. Das Unternehmen wies einen Nettoverlust von $1,0 Million (entsprechend $0,06 je Aktie) aus, nach einem Verlust von $0,8 Millionen im 2. Quartal 2024. Die vergleichbaren Umsätze wuchsen um 2,5%, wobei Nordamerika mit 4,2% besonders stark war.

Die Barposition sank im Jahresvergleich von $127,0 Millionen auf $106,7 Millionen, hauptsächlich bedingt durch $38,3 Millionen an Aktienrückkäufen und Investitionen in Sachanlagen. Das bisherige 3. Quartal zeigt starke Dynamik: Die vergleichbaren Umsätze liegen 11,2% im Plus, angeführt von einem Wachstum von 13,0% in Nordamerika. Für Q3 2025 erwartet Zumiez Nettoumsätze zwischen $232-237 Millionen und eine vergleichbare Umsatzsteigerung von 5,5-7,5%.

Positive
  • Comparable sales increased 2.5% in Q2, with North America showing strong 4.2% growth
  • Third quarter-to-date comparable sales up significantly by 11.2%
  • Gross margin improved to 35.5% from 34.2% year-over-year
  • Strong share repurchase program with 2.4 million shares bought back year-to-date
  • Operating loss improved to -5.0% from -5.3% for the six-month period
Negative
  • Net loss increased to $1.0 million from $0.8 million in Q2 2024
  • Cash position declined to $106.7 million from $127.0 million year-over-year
  • $3.6 million negative impact from California wage lawsuit settlement
  • Operating expenses as percentage of sales increased to 35.4% from 34.4%

Insights

Zumiez shows North American sales strength with improving trajectory despite posting Q2 net loss; guidance indicates continued momentum through back-to-school season.

Zumiez delivered a 1.9% increase in Q2 net sales to $214.3 million, with 2.5% comparable sales growth on top of 3.6% growth in the year-ago period. North American comparable sales were particularly strong at 4.2%, indicating regional strength despite broader retail challenges.

While the company reported a quarterly net loss of $1.0 million ($0.06 per share), this represents only a slight deterioration from last year's $0.04 per share loss. Notably, gross margin improved 130 basis points to 35.5%, suggesting better inventory management and reduced promotional activity.

The most encouraging sign is the acceleration in sales throughout the quarter, culminating in third quarter-to-date comparable sales growth of 11.2%, with North America showing robust 13.0% growth during the critical back-to-school period. This demonstrates the effectiveness of merchandise and customer experience initiatives in resonating with their young consumer demographic.

On the capital allocation front, Zumiez continues aggressive share repurchases, buying back 2.4 million shares year-to-date at an average cost of $13.64 per share for a total of $32.8 million. Cash position remains healthy at $106.7 million, though down from $127.0 million a year ago, primarily due to these repurchases.

Q3 guidance appears conservative relative to current performance, projecting sales of $232-237 million with comparable sales growth of 5.5-7.5% and earnings per share of $0.19-0.29. Management's comments about balancing momentum with "near-term conservatism" suggest potential upside if consumer spending remains resilient despite tariff concerns.

For specialty retailers in the challenging teen/young adult segment, Zumiez's ability to deliver positive comparable sales growth across multiple quarters demonstrates effective merchandising and brand positioning, with particular strength in their core North American market.

Second Quarter Comparable Sales Increased 2.5%
North American Second Quarter Comparable Sales Increased 4.2%
Third Quarter-to-date Comparable Sales up 11.2%

LYNNWOOD, Wash., Sept. 04, 2025 (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 second quarter ended August 2, 2025.

Net sales for the second quarter ended August 2, 2025 (13 weeks) increased 1.9% to $214.3 million from $210.2 million in the second quarter ended August 3, 2024 (13 weeks). Comparable sales for the thirteen weeks ended August 2, 2025, increased 2.5% on top of a 3.6% increase in the year ago period. Net loss in the second quarter of fiscal 2025 was $1.0 million, or $0.06 per share, compared to a net loss of $0.8 million, or $0.04 per share, in the second quarter of the prior fiscal year.

Total net sales for the six months (26 weeks) ending August 2, 2025 increased 2.9% to $398.6 million from $387.6 million reported for the six months (26 weeks) ending August 3, 2024. Comparable sales increased 3.9% for the twenty-six weeks ended August 2, 2025. Net loss for the first six months of fiscal 2025 was $15.3 million, or $0.88 per share, compared to a net loss for the first six months of fiscal 2024 of $17.6 million, or $0.91 per share. The first six months of 2025 was negatively impacted by $3.6 million, or approximately $0.15 per share related to the settlement of a wage and hours lawsuit in California.

On August 2, 2025, the Company had cash and current marketable securities of $106.7 million compared to cash and current marketable securities of $127.0 million on August 3, 2024. The decrease was primarily driven by $38.3 million related to share repurchases and $14.1 million of capital expenditures partially offset by $26.6 million of cash flow from operations and the release of $3.0 million in restricted cash. The Company repurchased 0.6 million shares during the second quarter of 2025 at an average cost including commission of $13.10 per share and a total cost of $7.8 million. Fiscal year-to-date through August 2, 2025, the Company has repurchased 2.4 million shares at an average cost including commission of $13.64 per share and a total cost of $32.8 million. $7.2 million remains on the current open repurchase authorization.

Rick Brooks, Chief Executive Officer of Zumiez Inc., stated, “We are encouraged with our second quarter results which exceeded expectations driven by outperformance in North America. Sales trends accelerated throughout the quarter even as we faced more difficult comparisons, underscoring the success of our recent merchandise and customer experience initiatives in what continues to be a challenging operating environment. We are seeing further acceleration third quarter-to-date led by an 11.2% comparable sales gain during back-to-school on top of a double-digit increase in the year ago period. With back-to-school performing well, we are optimistic about our prospects for the holiday season. However, we think it is prudent to balance our current momentum with some near-term conservatism given the uncertainty around tariffs and overall consumer demand.�

Third Quarter To-Date
Third quarter-to-date net sales for the 30 days ending September 1, 2025, increased 10.6%, compared with the 30-day period in the prior year ending September 2, 2024. Comparable sales over the same period are up 11.2% led by strong comparable sales growth in North America of 13.0%.

Fiscal 2025 Third Quarter Outlook
The Company is introducing guidance for the three months ending November 1, 2025. Net sales are projected to be in the range of $232 to $237 million including anticipated comparable sales growth of between 5.5% and 7.5%. Consolidated operating margins are expected to be between 2.3% and 3.3% resulting in earnings per diluted share of approximately $0.19 to $0.29.

The Company currently intends to open approximately 6 new stores in fiscal 2025, including up to 5 stores in North America and 1 store in Australia.

Conference call Information
To access the conference call, please pre-register using this link (). Registrants will receive confirmation with dial-in details. The conference call will also be available to interested parties through a live webcast at . 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.

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 August 30, 2025, we operated 730 stores, including 570 in the United States, 46 in Canada, 86 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, 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 February 1, 2025 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.

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CONDENSED CONSOLIDATED STATEMENTS OF LOSS
(In thousands, except per share amounts)
(Unaudited)
Three MonthsEnded
August 2, 2025% of SalesAugust 3, 2024% of Sales
Net sales$214,275100.0%$210,179100.0%
Cost of goods sold138,25764.5%138,38565.8%
Gross profit76,01835.5%71,79434.2%
Selling, general and administrative expenses75,91135.4%72,18734.4%
Operating profit (loss)1070.1%(393)-0.2%
Interest income, net7530.3%1,1280.5%
Other income (expense), net520.0%(179)0.0%
Profit before income taxes9120.4%5560.3%
Provision for income taxes1,9140.9%1,4030.7%
Net loss$(1,002)-0.5%$(847)-0.4%
Basic loss per share$(0.06)$(0.04)
Diluted loss per share$(0.06)$(0.04)
Weighted average shares used in computation of loss per share
Basic16,69819,284
Diluted16,69819,284
Six Months Ended
August 2, 2025% of SalesAugust 3, 2024% of Sales
Net sales$398,618100.0%$387,567100.0%
Cost of goods sold267,28567.1%263,87468.1%
Gross profit131,33332.9%123,69331.9%
Selling, general and administrative expenses151,09837.9%144,24037.2%
Operating loss(19,765)-5.0%(20,547)-5.3%
Interest income, net3,0080.8%2,4490.6%
Other expense, net1,8950.5%(946)-0.2%
Loss before income taxes(14,862)-3.7%(19,044)-4.9%
Provision for (benefit from) income taxes4710.1%(1,417)-0.4%
Net loss$(15,333)-3.8%$(17,627)-4.5%
Basic loss per share$(0.88)$(0.91)
Diluted loss per share$(0.88)$(0.91)
Weighted average shares used in computation of loss per share:
Basic17,40319,375
Diluted17,40319,375


ZUMIEZ INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
August 2, 2025February 1, 2025August 3, 2024
(Unaudited)(Unaudited)
Assets
Current assets
Cash and cash equivalents$78,804$112,668$65,766
Marketable securities27,93634,89061,194
Receivables22,04212,82523,129
Inventories157,722146,648158,753
Prepaid expenses and other current assets14,25815,35417,939
Total current assets300,762322,385326,781
Fixed assets, net77,75680,17887,573
Operating lease right-of-use assets193,809183,235203,744
Goodwill15,33415,25815,358
Intangible assets, net14,85313,57714,196
Deferred tax assets, net8,7818,6849,928
Other long-term assets12,09311,56411,947
Total long-term assets322,626312,496342,746
Total assets$623,388$634,881$669,527
Liabilities and Shareholders� Equity
Current liabilities
Trade accounts payable$69,181$49,389$75,016
Accrued payroll and payroll taxes21,44321,96220,517
Operating lease liabilities55,60856,00962,759
Other current liabilities24,77728,15422,472
Total current liabilities171,009155,514180,764
Long-term operating lease liabilities153,115143,812161,663
Other long-term liabilities6,8276,5787,296
Total long-term liabilities159,942150,390168,959
Total liabilities330,951305,904349,723
Shareholders� equity
Preferred stock, no par value, 20,000 shares authorized; none issued and outstanding
Common stock, no par value, 50,000shares authorized; 17,221 shares issued and outstanding at August 2, 2025 and 19,159 shares issued and outstanding at February 1, 2025207,388203,581199,763
Accumulated other comprehensive loss(15,684)(23,778)(18,844)
Retained earnings100,733149,174138,885
Total shareholders� equity292,437328,977319,804
Total liabilities and shareholders� equity$623,388$634,881$669,527


ZUMIEZ INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
Six Months Ended
August 2, 2025August 3, 2024
Cash flows from operating activities:
Net loss$(15,333)$(17,627)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, amortization and accretion10,70711,052
Noncash lease expense31,45232,169
Deferred taxes(81)(1,688)
Stock-based compensation expense3,6213,391
Impairment of long-lived assets777298
Other(693)949
Changes in operating assets and liabilities:
Receivables(6,768)(7,067)
Inventories(7,540)(30,665)
Prepaid expenses and other assets(1,836)(937)
Trade accounts payable18,68234,650
Accrued payroll and payroll taxes(1,070)2,102
Income taxes payable(4,775)(1,346)
Operating lease liabilities(35,065)(36,817)
Other liabilities(1,579)(3,886)
Net cash used in operating activities(9,501)(15,422)
Cash flows from investing activities:
Additions to fixed assets(5,317)(6,266)
Purchases of marketable securities(8,044)(1,967)
Sales and maturities of marketable securities and other investments16,88124,145
Net cash provided by investing activities3,52015,912
Cash flows from financing activities:
Proceeds from revolving credit facilities3,220
Payments on revolving credit facilities(3,220)
Proceeds from issuance and exercise of stock-based awards377357
Payments for tax withholdings on equity awards(192)(130)
Repurchase of common stock, including taxes(32,682)(19,581)
Net cash used in financing activities(32,497)(19,354)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash1,614(213)
Net decrease in cash, cash equivalents, and restricted cash(36,864)(19,077)
Cash, cash equivalents, and restricted cash, beginning of period121,52994,284
Cash, cash equivalents, and restricted cash, end of period$84,665$75,207
Supplemental disclosure on cash flow information:
Cash paid during the period for income taxes$5,452$1,805
Accrual for purchases of fixed assets1,1803,326
Accrual for repurchase of common stock426479

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

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


FAQ

What were Zumiez (ZUMZ) Q2 2025 earnings results?

Zumiez reported Q2 2025 net sales of $214.3 million (up 1.9%) with a net loss of $1.0 million ($0.06 per share). Comparable sales increased 2.5%.

How much cash does Zumiez (ZUMZ) have in Q2 2025?

As of August 2, 2025, Zumiez had $106.7 million in cash and current marketable securities, down from $127.0 million year-over-year.

What is Zumiez's (ZUMZ) Q3 2025 guidance?

Zumiez expects Q3 2025 net sales of $232-237 million with comparable sales growth of 5.5-7.5% and earnings per share of $0.19-$0.29.

How many shares did Zumiez (ZUMZ) repurchase in Q2 2025?

Zumiez repurchased 0.6 million shares at an average cost of $13.10 per share, totaling $7.8 million in Q2 2025.

What are Zumiez's (ZUMZ) current comparable sales trends?

Third quarter-to-date comparable sales are up 11.2%, with North America showing strong growth of 13.0%.
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ZUMZ Stock Data

327.87M
13.73M
22.74%
81.38%
5.78%
Apparel Retail
Retail-apparel & Accessory Stores
United States
LYNNWOOD