B. Riley Weighs in on Zumiez's Q2 Earnings (NASDAQ:ZUMZ)

Zumiez Inc. (NASDAQ:ZUMZ - Free Report) - Analysts at B. Riley reduced their Q2 2026 EPS 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 earn ($0.09) per share for the quarter, down from their previous 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 FY2026 earnings at $0.19 EPS and FY2027 earnings at $0.03 EPS.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its 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). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm had revenue of $184.34 million for the quarter, compared to the consensus estimate of $182.23 million. During the same period in the prior year, the business earned ($0.86) EPS. Zumiez's quarterly revenue was up 3.9% on a year-over-year basis.

Zumiez Price Performance

NASDAQ ZUMZ traded down $0.17 during mid-day trading on Wednesday, reaching $11.96. 335,941 shares of the stock were exchanged, compared to its average volume of 299,626. Zumiez has a one year low of $11.31 and a one year high of $31.37. The stock has a 50 day simple moving average of $12.51 and a 200-day simple moving average of $15.24. The stock has a market cap of $212.54 million, a P/E ratio of -4.65 and a beta of 0.90.

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

Institutional Investors Weigh In On Zumiez

Large investors have recently bought and sold shares of the stock. Millennium Management LLC grew its holdings in Zumiez by 338.9% in the fourth quarter. Millennium Management LLC now owns 229,173 shares of the apparel and footwear maker's stock worth $4,393,000 after purchasing an additional 176,953 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Zumiez by 19.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 421,045 shares of the apparel and footwear maker's stock worth $8,071,000 after purchasing an additional 68,676 shares during the period. Man Group plc grew its holdings in Zumiez by 33.7% in the fourth quarter. Man Group plc now owns 83,572 shares of the apparel and footwear maker's stock worth $1,602,000 after purchasing an additional 21,082 shares during the period. Renaissance Technologies LLC grew its holdings in Zumiez by 26.0% in the fourth quarter. Renaissance Technologies LLC now owns 53,811 shares of the apparel and footwear maker's stock worth $1,032,000 after purchasing an additional 11,111 shares during the period. Finally, Northern Trust Corp grew its holdings in Zumiez by 3.2% in the fourth quarter. Northern Trust Corp now owns 157,666 shares of the apparel and footwear maker's stock worth $3,022,000 after purchasing an additional 4,955 shares during the period. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Zumiez Company Profile

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.