Zumiez Inc. Announces Fiscal 2025 Third Quarter Results (Form 8-K)

Zumiez Inc. Announces Fiscal 2025 Third Quarter Results

Third Quarter Earnings Per Share Increased to $0.55 from $0.06 last year
Third Quarter Comparable Sales Increased 7.6%
North American Third Quarter Comparable Sales Increased 10.0%
Fourth Quarter To-Date Comparable Sales Up 6.6%

LYNNWOOD, Wash., Dec. 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 third quarter ended November 1, 2025.

Net sales for the third quarter ended November 1, 2025 (13 weeks) increased 7.5% to $239.1 million from $222.5 million in the third quarter ended November 2, 2024 (13 weeks). Comparable sales for the thirteen weeks ended November 1, 2025, increased 7.6% on top of a 7.5% increase in the year ago period. Net income in the third quarter of fiscal 2025 was $9.2 million, or $0.55 per share, compared to net income of $1.2 million, or $0.06 per share, in the third quarter of the prior fiscal year. In the third quarter of fiscal 2025 we benefitted from one-time discrete tax items which increased diluted earnings per share by approximately $0.09.

Total net sales for the nine months (39 weeks) ending November 1, 2025 increased 4.5% to $637.7 million from $610.0 million reported for the nine months (39 weeks) ending November 2, 2024. Comparable sales increased 5.3% for the thirty-nine weeks ended November 1, 2025. Net loss for the first nine months of fiscal 2025 was $6.2 million, or $0.36 per share, compared to a net loss for the first nine months of fiscal 2024 of $16.5 million, or $0.86 per share. The first nine 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 November 1, 2025, the Company had cash and current marketable securities of $104.5 million compared to cash and current marketable securities of $99.3 million on November 2, 2024. The increase was primarily driven by $50.5 million of cash flow from operations and the release of $3.0 million in restricted cash, partially offset by $38.3 million related to share repurchases and $12.5 million of capital expenditures. The Company repurchased 0.3 million shares during the third quarter of 2025 at an average cost including commission of $18.61 per share and a total cost of $5.4 million. Fiscal year-to-date through November 1, 2025, the Company has repurchased 2.7 million shares at an average cost including commission of $14.18 per share and a total cost of $38.3 million. $1.7 million remains on the current open repurchase authorization.

"We achieved our best third quarter in several years," said Rick Brooks, Chief Executive Officer of Zumiez Inc. "High-single digit comparable sales growth and strong full price selling drove meaningful gross margin expansion, which combined with good expense management, resulted in a significant improvement in profitability. The work we have done enhancing our brand and merchandise assortments continues to resonate with our consumers, especially in North America, evidenced by the sharp sequential increase in the region's comparable sales trends to double digits. Importantly, the holiday season is off to a strong start with overall comps up 6.6% fourth quarter-to-date and up 8.7% over the Black Friday to Cyber Monday timeframe. While the overall consumer environment remains choppy, we are encouraged by the pace of our business and are increasingly confident in delivering a solid finish to fiscal 2025 and building on our progress next year."

Fourth Quarter To-Date

Fourth quarter-to-date total sales for the 31 days ending December 2, 2025 increased 7.5%, compared with the same 31-day period in the prior year ended December 3, 2024. Total comparable sales for the 31-day period ending December 2, 2025, increased 6.6% from the comparable period in the prior year.

Fiscal 2025 Fourth Quarter Outlook

The Company is introducing guidance for the three months ending January 31, 2026. Net sales are projected to be in the range of $291 to $296 million representing sales growth of 4.0% to 6.0%. Consolidated operating margins are expected to be between 8.0% and 8.5% resulting in earnings per diluted share of approximately $0.97 to $1.07.

The Company opened 6 new stores in fiscal 2025, including 5 stores in North America and 1 store in Australia.

Conference call Information

To access the conference call, please pre-register using this link (Registration Link). Registrants will receive confirmation with dial-in details. The conference call will also be available to interested parties through a live webcast at https://ir.zumiez.com. 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 https://ir.zumiez.com.

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 November 29, 2025, we operated 728 stores, including 569 in the United States, 46 in Canada, 85 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.