Recent News
On November 20, 2025 the company announced the timing for its fiscal 2025 third-quarter results release. On December 4, 2025 the firm reported third-quarter financial results, noting sharp sequential improvement in North America comparable sales and guidance for the fourth quarter. The company amended and extended its $25 million revolving credit facility to December 23, 2027, effective December 17, 2025. On January 12, 2026 Zumiez reported nine-week holiday comparable sales up 2.9%, with North America +6.5% and international down 8.9%, and adjusted its fourth-quarter sales outlook.
Technical Analysis
ADX / DI+ / DI-: ADX at 25.91 signals a strong trend strength. DI+ at 11.6 (decreasing) indicates weakening bullish pressure, while DI- at 19.9 (decreasing) indicates diminishing bearish pressure; net effect points to reduced directional conviction despite the presence of a strong trend.
MACD: MACD sits at -$0.40 with a peak-and-reversal pattern and a signal line at -$0.36; the negative MACD and the peak-and-reversal pattern point to bearish momentum and that momentum remains on the downside while the MACD trades below its signal line.
MRO: MRO reads +0.05 with a dip-and-reversal pattern. The small positive MRO suggests price currently sits marginally above the oscillator target, while the dip-and-reversal pattern indicates a bullish shift in momentum for mean-reversion expectations.
RSI: RSI at 48.64 and decreasing indicates mild downward momentum without reaching oversold levels, supporting the view of limited immediate upside from purely momentum-driven moves.
Price vs Averages & Structure: The share price at $24.03 trades below the 20-day average ($24.70) and 50-day average ($26.47) while remaining above the 200-day average ($19.30). The 12-day EMA ($24.66, decreasing) and Ichimoku lines (Tenkan $24.57; Kijun $25.38) place price under short-term cloud resistance. Bollinger bands show price near the lower band (1x lower $24.31), and volume (102,082) sits below the 10/50/200-day averages, signaling low participation on recent moves. Taken together, technicals favor consolidation with downside bias until short-term momentum indicators improve.
Fundamental Analysis
Profitability: Operating (EBIT) margin equals 4.92% ($11,773,000 EBIT). That margin sits below the industry peer mean of 11.11% and the industry peer median of 10.83%, indicating compressed operating profitability versus peers. Gross margin stands at 37.55%, modestly below the industry peer mean of 41.17%.
Top-Line & Growth: Total revenue equals $239,132,000 with YoY revenue growth of 98.31% and QoQ revenue contraction of 28.55%; the large YoY gain contrasts with the quarterly slowdown, reflecting timing and seasonal effects across reporting periods.
Earnings & Cash Flow: Reported EPS equals $0.55, beating the estimate of $0.27 by $0.28, representing a 103.70% surprise relative to the estimate. Operating cash flow equals $5,306,000 and free cash flow equals $3,087,000, producing a free cash flow yield of 0.85%, which exceeds the industry peer mean free cash flow yield of 0.24%. Cash and short-term investments total $104,467,000, supporting liquidity.
Capital Structure & Coverage: Debt to assets registers at 33.02% and debt to equity at 70.03%, both below the industry peer means, while interest coverage sits at 37.14x versus an industry peer mean of 18.60x, indicating ample coverage and relatively conservative leverage versus peers.
Operational Efficiency & Returns: Asset turnover equals 0.3806 and receivables turnover 13.36. Return on equity equals 3.07% and return on assets 1.46%, showing low but positive returns on invested capital given the company’s reinvestment and expansion profile.
Valuation Context: Price-to-earnings sits at 39.12x and price-to-book at 1.22x (below the industry peer mean of 3.94x). Forward P/E equals 94.88x, reflecting lower near-term forward earnings. The current valuation as determined by WMDST labels the stock under-valued; the market consensus price-target mean equals $28.56 versus a last close of $24.03, implying an approximate 18.9% gap to the mean target.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-10-31 |
| REPORT DATE: | 2025-12-04 |
| NEXT REPORT DATE: | 2026-03-05 |
| CASH FLOW | Begin Period Cash Flow | $ 84.7 M |
| Operating Cash Flow | $ 5.3 M | |
| Capital Expenditures | $ -2.22 M | |
| Change In Working Capital | $ -30.05 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 1.4 M | |
| End Period Cash Flow | $ 86.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 239.1 M | |
| Forward Revenue | $ 31.5 M | |
| COSTS | ||
| Cost Of Revenue | $ 149.3 M | |
| Depreciation | $ 5.3 M | |
| Depreciation and Amortization | $ 5.3 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 227.4 M | |
| PROFITABILITY | ||
| Gross Profit | $ 89.8 M | |
| EBITDA | $ 17.1 M | |
| EBIT | $ 11.8 M | |
| Operating Income | $ 11.8 M | |
| Interest Income | $ 881.0 K | |
| Interest Expense | — | |
| Net Interest Income | $ 881.0 K | |
| Income Before Tax | $ 12.4 M | |
| Tax Provision | $ 3.2 M | |
| Tax Rate | 26.1 % | |
| Net Income | $ 9.2 M | |
| Net Income From Continuing Operations | $ 9.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.27 | |
| EPS Actual | $ 0.55 | |
| EPS Difference | $ 0.28 | |
| EPS Surprise | 103.704 % | |
| Forward EPS | $ 0.28 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 633.1 M | |
| Intangible Assets | $ 30.3 M | |
| Net Tangible Assets | $ 268.2 M | |
| Total Current Assets | $ 315.0 M | |
| Cash and Short-Term Investments | $ 104.5 M | |
| Cash | $ 80.1 M | |
| Net Receivables | $ 13.8 M | |
| Inventory | $ 180.7 M | |
| Long-Term Investments | $ 12.1 M | |
| LIABILITIES | ||
| Accounts Payable | $ 72.5 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 172.8 M | |
| Net Debt | — | |
| Total Debt | $ 209.1 M | |
| Total Liabilities | $ 334.6 M | |
| EQUITY | ||
| Total Equity | $ 298.5 M | |
| Retained Earnings | $ 104.4 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 17.61 | |
| Shares Outstanding | 16.950 M | |
| Revenue Per-Share | $ 14.11 | |
| VALUATION | Market Capitalization | $ 364.7 M |
| Enterprise Value | $ 469.3 M | |
| Enterprise Multiple | 27.507 | |
| Enterprise Multiple QoQ | -58.042 % | |
| Enterprise Multiple YoY | -44.401 % | |
| Enterprise Multiple IPRWA | high: 135.997 mean: 68.433 median: 66.557 ZUMZ: 27.507 low: -9.179 |
|
| EV/R | 1.963 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.121 | |
| Asset To Liability | 1.892 | |
| Debt To Capital | 0.412 | |
| Debt To Assets | 0.33 | |
| Debt To Assets QoQ | -1.38 % | |
| Debt To Assets YoY | 261.032 % | |
| Debt To Assets IPRWA | high: 1.07 mean: 0.456 median: 0.442 ZUMZ: 0.33 low: 0.13 |
|
| Debt To Equity | 0.7 | |
| Debt To Equity QoQ | -1.889 % | |
| Debt To Equity YoY | 275.817 % | |
| Debt To Equity IPRWA | high: 4.258 mean: 1.128 median: 0.978 ZUMZ: 0.7 low: 0.25 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.222 | |
| Price To Book QoQ | 40.77 % | |
| Price To Book YoY | -9.329 % | |
| Price To Book IPRWA | high: 8.837 mean: 3.944 median: 3.522 ZUMZ: 1.222 low: -3.282 |
|
| Price To Earnings (P/E) | 39.125 | |
| Price To Earnings QoQ | -115.834 % | |
| Price To Earnings YoY | -89.467 % | |
| Price To Earnings IPRWA | high: 152.3 mean: 89.254 median: 88.356 ZUMZ: 39.125 low: -123.055 |
|
| PE/G Ratio | -0.038 | |
| Price To Sales (P/S) | 1.525 | |
| Price To Sales QoQ | 28.772 % | |
| Price To Sales YoY | -20.578 % | |
| Price To Sales IPRWA | high: 13.982 mean: 8.373 median: 8.143 ZUMZ: 1.525 low: 0.253 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 94.881 | |
| Forward PE/G | -0.093 | |
| Forward P/S | 16.282 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 939.855 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.381 | |
| Asset Turnover Ratio QoQ | 8.578 % | |
| Asset Turnover Ratio YoY | 12.533 % | |
| Asset Turnover Ratio IPRWA | high: 0.64 ZUMZ: 0.381 mean: 0.314 median: 0.296 low: 0.079 |
|
| Receivables Turnover | 13.358 | |
| Receivables Turnover Ratio QoQ | 14.958 % | |
| Receivables Turnover Ratio YoY | 14.248 % | |
| Receivables Turnover Ratio IPRWA | high: 85.724 mean: 14.616 ZUMZ: 13.358 median: 11.93 low: 0.298 |
|
| Inventory Turnover | 0.882 | |
| Inventory Turnover Ratio QoQ | -1.841 % | |
| Inventory Turnover Ratio YoY | 5.891 % | |
| Inventory Turnover Ratio IPRWA | high: 2.463 ZUMZ: 0.882 mean: 0.684 median: 0.661 low: 0.308 |
|
| Days Sales Outstanding (DSO) | 6.831 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 71.754 | |
| Cash Conversion Cycle Days QoQ | -4.117 % | |
| Cash Conversion Cycle Days YoY | -2.011 % | |
| Cash Conversion Cycle Days IPRWA | high: 342.592 ZUMZ: 71.754 mean: 48.057 median: 45.232 low: -66.533 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.681 | |
| CapEx To Revenue | -0.009 | |
| CapEx To Depreciation | -0.42 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 298.5 M | |
| Net Invested Capital | $ 298.5 M | |
| Invested Capital | $ 298.5 M | |
| Net Tangible Assets | $ 268.2 M | |
| Net Working Capital | $ 142.2 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.605 | |
| Current Ratio | 1.823 | |
| Current Ratio QoQ | 3.665 % | |
| Current Ratio YoY | -2.585 % | |
| Current Ratio IPRWA | high: 3.547 ZUMZ: 1.823 median: 1.328 mean: 1.296 low: 0.455 |
|
| Quick Ratio | 0.777 | |
| Quick Ratio QoQ | -7.078 % | |
| Quick Ratio YoY | 0.815 % | |
| Quick Ratio IPRWA | high: 1.527 ZUMZ: 0.777 mean: 0.377 median: 0.255 low: 0.059 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 12.253 | |
| Cost Of Debt | 0.112 % | |
| Interest Coverage Ratio | 37.139 | |
| Interest Coverage Ratio QoQ | 10902.785 % | |
| Interest Coverage Ratio YoY | 397.171 % | |
| Interest Coverage Ratio IPRWA | high: 154.211 ZUMZ: 37.139 mean: 18.599 median: 7.379 low: -74.758 |
|
| Operating Cash Flow Ratio | 0.018 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 46.767 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 1.56 % | |
| Revenue Growth | 11.601 % | |
| Revenue Growth QoQ | -28.552 % | |
| Revenue Growth YoY | 98.308 % | |
| Revenue Growth IPRWA | high: 14.292 % ZUMZ: 11.601 % median: 2.479 % mean: -6.78 % low: -25.856 % |
|
| Earnings Growth | -1016.667 % | |
| Earnings Growth QoQ | 1000.229 % | |
| Earnings Growth YoY | 306.667 % | |
| Earnings Growth IPRWA | high: 87.591 % mean: -18.717 % median: -23.81 % low: -181.818 % ZUMZ: -1016.667 % |
|
| MARGINS | ||
| Gross Margin | 37.554 % | |
| Gross Margin QoQ | 5.854 % | |
| Gross Margin YoY | 6.684 % | |
| Gross Margin IPRWA | high: 70.897 % median: 41.28 % mean: 41.173 % ZUMZ: 37.554 % low: 10.184 % |
|
| EBIT Margin | 4.923 % | |
| EBIT Margin QoQ | 9746.0 % | |
| EBIT Margin YoY | 362.688 % | |
| EBIT Margin IPRWA | high: 18.986 % mean: 11.106 % median: 10.828 % ZUMZ: 4.923 % low: -7.692 % |
|
| Return On Sales (ROS) | 4.923 % | |
| Return On Sales QoQ | 9746.0 % | |
| Return On Sales YoY | 362.688 % | |
| Return On Sales IPRWA | high: 18.986 % mean: 11.264 % median: 11.014 % ZUMZ: 4.923 % low: -7.69 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 3.1 M | |
| Free Cash Flow Yield | 0.846 % | |
| Free Cash Flow Yield QoQ | -77.362 % | |
| Free Cash Flow Yield YoY | -116.198 % | |
| Free Cash Flow Yield IPRWA | high: 9.132 % median: 0.972 % ZUMZ: 0.846 % mean: 0.242 % low: -10.237 % |
|
| Free Cash Growth | -67.454 % | |
| Free Cash Growth QoQ | -51.482 % | |
| Free Cash Growth YoY | -101.752 % | |
| Free Cash Growth IPRWA | high: 382.415 % median: -5.56 % ZUMZ: -67.454 % mean: -104.044 % low: -517.24 % |
|
| Free Cash To Net Income | 0.337 | |
| Cash Flow Margin | 1.287 % | |
| Cash Flow To Earnings | 0.336 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 1.458 % | |
| Return On Assets QoQ | -989.024 % | |
| Return On Assets YoY | 728.409 % | |
| Return On Assets IPRWA | high: 4.623 % median: 2.721 % mean: 2.296 % ZUMZ: 1.458 % low: -2.24 % |
|
| Return On Capital Employed (ROCE) | 2.558 % | |
| Return On Equity (ROE) | 0.031 | |
| Return On Equity QoQ | -994.461 % | |
| Return On Equity YoY | 738.251 % | |
| Return On Equity IPRWA | high: 0.117 ZUMZ: 0.031 median: 0.015 mean: -0.013 low: -0.164 |
|
| DuPont ROE | 3.1 % | |
| Return On Invested Capital (ROIC) | 2.914 % | |
| Return On Invested Capital QoQ | 9948.276 % | |
| Return On Invested Capital YoY | -162.653 % | |
| Return On Invested Capital IPRWA | high: 11.383 % median: 7.379 % mean: 6.966 % ZUMZ: 2.914 % low: -3.079 % |
|