B. Riley Analysts Increase Earnings Estimates for Zumiez

Zumiez Inc. (NASDAQ:ZUMZ - Free Report) - Stock analysts at B. Riley upped their Q3 2026 earnings estimates for shares of Zumiez in a research note issued to investors on Sunday, June 8th. B. Riley analyst J. Van. Sinderen now expects that the apparel and footwear maker will post earnings per share of $0.15 for the quarter, up from their prior estimate 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 Price Performance

NASDAQ ZUMZ traded up $0.38 on Tuesday, hitting $12.28. The stock had a trading volume of 326,651 shares, compared to its average volume of 299,474. The business's fifty day moving average price is $12.58 and its 200 day moving average price is $15.49. The stock has a market cap of $240.28 million, a price-to-earnings ratio of -4.78 and a beta of 0.90. Zumiez has a 52-week low of $11.31 and a 52-week high of $31.37.

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

Zumiez announced that its Board of Directors has approved a share buyback plan on Thursday, June 5th that permits the company to repurchase $15.00 million in outstanding shares. This repurchase authorization permits the apparel and footwear maker to buy up to 6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Zumiez by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker's stock valued at $20,061,000 after acquiring an additional 10,953 shares in the last quarter. Divisar Capital Management LLC raised its stake in Zumiez by 33.2% in the 4th quarter. Divisar Capital Management LLC now owns 691,879 shares of the apparel and footwear maker's stock worth $13,263,000 after acquiring an additional 172,362 shares during the last quarter. Acadian Asset Management LLC lifted its position in Zumiez by 2.6% during the 1st quarter. Acadian Asset Management LLC now owns 587,816 shares of the apparel and footwear maker's stock worth $8,750,000 after acquiring an additional 14,703 shares during the period. Fund 1 Investments LLC grew its stake in Zumiez by 134.5% during the 4th quarter. Fund 1 Investments LLC now owns 435,905 shares of the apparel and footwear maker's stock valued at $8,356,000 after purchasing an additional 250,014 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Zumiez by 1.9% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 424,217 shares of the apparel and footwear maker's stock valued at $8,132,000 after purchasing an additional 7,943 shares during the period. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

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.