Equities Analysts Set Expectations for Zumiez Q3 Earnings

Zumiez Inc. (NASDAQ:ZUMZ) – Equities researchers at B. Riley increased their Q3 2026 earnings estimates for Zumiez in a research report issued to clients and investors on Sunday, June 8th. B. Riley analyst J. Van. Sinderen now forecasts that the apparel and footwear maker will post earnings of $0.15 per share for the quarter, up from their prior forecast of $0.14. The consensus estimate for Zumiez’s current full-year earnings is ($0.12) per share. B. Riley also issued estimates for Zumiez’s Q4 2026 earnings at $0.92 EPS.

Zumiez Stock Down 3.3%

Shares of NASDAQ:ZUMZ opened at $11.87 on Tuesday. The firm’s 50 day moving average price is $12.53 and its 200-day moving average price is $15.45. Zumiez has a twelve month low of $11.31 and a twelve month high of $31.37. The stock has a market capitalization of $232.26 million, a PE ratio of -4.62 and a beta of 0.90.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings results on Thursday, June 5th. The apparel and footwear maker reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.77) by ($0.02). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The company had revenue of $184.34 million during the quarter, compared to the consensus estimate of $182.23 million. During the same quarter in the prior year, the firm earned ($0.86) earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year.

Zumiez announced that its board has initiated a stock buyback program on Thursday, June 5th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the apparel and footwear maker to purchase up to 6% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Zumiez

Institutional investors have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Zumiez in the 4th quarter worth approximately $29,000. GAMMA Investing LLC lifted its stake in shares of Zumiez by 6,451.4% in the 1st quarter. GAMMA Investing LLC now owns 2,293 shares of the apparel and footwear maker’s stock worth $34,000 after purchasing an additional 2,258 shares during the period. Point72 Asset Management L.P. purchased a new stake in Zumiez in the 4th quarter worth approximately $140,000. Wells Fargo & Company MN increased its holdings in Zumiez by 20.6% in the 4th quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker’s stock worth $174,000 after acquiring an additional 1,555 shares in the last quarter. Finally, State of Wyoming increased its holdings in Zumiez by 52.5% in the 4th quarter. State of Wyoming now owns 10,067 shares of the apparel and footwear maker’s stock worth $193,000 after acquiring an additional 3,464 shares in the last quarter. Institutional investors own 95.45% of the company’s stock.

About Zumiez

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.