Zumiez, Inc. (ZUMZ)
NASDAQConsumer DiscretionaryApparel - RetailSnapshot 2026-09-09
$17.55-0.85%
Close 2026-09-09 · 1-day change
NASDAQConsumer DiscretionaryApparel - RetailSnapshot 2026-09-09
Warn: Primary pillar under pressure — EPS loss narrows to no worse than -$0.08: EPS guidance high -0.08 vs -0.08 target.
Zumiez aims for $210-$215 million sales next quarter. Losses are shrinking, with EPS improving from -$0.77 to -$0.08. The company started a $40 million share buyback program. These show progress in fixing the business.
Sales guidance is falling. The company still loses money. The CFO left recently. These raise doubts about recovery.
The price is about 6% below our fair value near $19. Analysts expect about 7% revenue growth. Our view sees risk in earnings and management execution.
Breaks if: EPS loss exceeds -$0.08
Management has consistently provided earnings per share guidance, including expected losses and profits for upcoming quarters.
EPS guidance has been stated in 4 of last 4 quarters. EPS guidance ranged from a loss of $0.87 to $0.77 in 2026-Q1 to a loss of $0.23 to $0.08 in 2026-Q2, showing an improving but still negative earnings outlook. Management continues to emphasize EPS guidance with a trajectory of limited progress toward profitability.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround scenario, as ZUMZ is currently loss-making with a neutral management outlook. The thesis is in a watch state, indicating caution due to recent performance and market conditions.
The market seems to have priced in a justified valuation, reflecting a durable premium compared to peers. However, there is a negative expectations gap, suggesting that investors are not overly optimistic about future performance.
Fundamentals are likely to remain weak in the near term, with management emphasizing revenue growth but showing limited progress toward profitability. The recent CFO transition adds uncertainty to the execution of their plans.
The long-term thesis hinges on management's ability to improve revenue growth and manage earnings expectations. Additionally, the performance of sector leaders like TJX, ROST, and BURL could influence ZUMZ's trajectory in the consumer discretionary space.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Earnings per share are expected to be between a loss of $0.23 and a loss of $0.08.”
“Earnings per share are expected to be between a loss of $0.77 and a loss of $0.87.”
“Earnings per share for the quarter is now expected to be between $1.05 and $1.10.”
“Earnings per diluted share of approximately $0.19 to $0.29.”
Breaks if: Quarterly revenue falls below $210 million
Management has consistently provided revenue growth guidance for upcoming quarters, aiming to increase net sales.
Stated as a priority in 4 of last 4 quarters. Revenue guidance ranged from $232-$237 million in 2025-Q3 to $210-$215 million in 2026-Q2, reflecting a declining trajectory in projected net sales. Management continues to emphasize revenue growth guidance but recent guidance shows a downward revision in expected sales.
“Net sales are projected to be in the range of $210 to $215 million.”
“Net sales are projected to be in the range of $189 to $193 million.”
“Net sales will be between $287 million and $290 million.”
“Net sales are projected to be in the range of $232 to $237 million.”
Breaks if: No meaningful share repurchases by 2026-Q4
Zumiez approved a share repurchase program of up to $40 million to be executed through January 2028.
Newly stated in 2026-Q4. Zumiez approved a $40 million share repurchase program to be executed through January 2028. No financial results yet available to assess delivery; this is a recent capital allocation priority.
“Zumiez approved the repurchase of up to $40 million of its Common Stock.”
In the next 1 to 3 years, ZUMZ's performance will depend on its ability to navigate current challenges and improve financial results. Not investment advice.