Recent News
On March 11–12, 2026 Zumiez approved a share repurchase program of up to $40 million. Mid-March reports noted the company plans roughly 25 store closures across 2026 as part of a realignment of its physical footprint.
Technical Analysis
ADX reads 27.79, signaling a present trend strength that affects near-term price clarity; a trend exists and will amplify whichever directional signals resolve.
DI+ shows a dip-and-reversal, a bullish directional flicker, while DI- sits at 34.13 and is increasing; those opposing directional cues create an intraday-to-short-term tug that supports consolidation risk unless DI+ regains sustained dominance.
MACD registers -0.13 and trends downward with the MACD line below its signal (0.06), indicating prevailing bearish momentum; a MACD cross back above the signal line would mark a material shift in momentum.
MRO stands at 26.43 and indicates the market price sits above the model target, implying elevated mean-reversion pressure for near-term downside if momentum fails to re-accelerate.
RSI at 49.21 and decreasing places momentum near neutral-to-weak bearish territory rather than overstretched conditions, consistent with range-bound action around recent averages.
Price relationships show the close at $23.05 sits below the 20-day average ($23.82) and 12-day EMA ($23.61, trending down), while remaining modestly above the 200-day average ($22.81). The short-term EMA drift and proximity to the lower Bollinger band (1x lower = $22.85) reinforce a consolidation-to-limited-decline profile unless short-term averages turn higher.
Volatility measures (42-day and 52-week vol ~3%) and a 42-day beta ~1.75 suggest the stock reacts more than the market to directional moves; volume near the 10-day average and below the 50/200-day averages supports muted directional conviction.
Fundamental Analysis
Total revenue for the quarter ended January 31, 2026 totaled $291,308,000, with reported EPS of $1.16 versus an estimate of $1.07 and an EPS surprise of 8.41%. The company concurrently authorized a $40 million repurchase program.
Margins improved: operating/EBIT margin stands at 8.593% with QoQ expansion of 74.55% and YoY improvement of 19.17%, indicating operational leverage from recent merchandising and pricing actions. That EBIT margin sits below the industry peer mean of 12.589% and below the industry peer median of 14.051%, leaving room to close the gap with continued margin flow-through.
Revenue dynamics show a mixed profile: reported revenue growth of 21.82% (overall), a strong quarter-over-quarter gain of 88.08%, and a year-over-year change flagged at -14.37%, reflecting timing and base effects across the fiscal year. Inventory and working capital metrics remain elevated but stable: days inventory outstanding ~100.13 days, days payables ~37.18, and a cash conversion cycle near 66 days with a modest year-over-year improvement.
Liquidity and leverage look solid. Cash and short-term investments total $160,624,000, the current ratio sits at 2.01, quick ratio at 1.13, and cash ratio near 95.9%, providing flexibility during the planned store consolidation. Total debt approximates $199,329,000 with debt-to-assets ~30.94% and debt-to-EBITDA ~6.61; interest coverage remains ample (≈78.97), limiting near-term solvency strain.
Free cash flow reached $54,144,000 with a free cash flow yield of 12.80%, a level well above the industry peer mean free cash flow yield of 2.34%, underscoring strong cash generation relative to the peer set. Return metrics show return on equity about 6.03% and return on assets near 3.06%, both improved QoQ and YoY, supporting the WMDST valuation stance.
The current valuation, as determined by WMDST, classifies the stock as under-valued, supported by elevated free cash flow yield, a positive operating leverage trajectory, and a buyback program that reduces supply while redeploying excess cash.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-01-31 |
| REPORT DATE: | 2026-03-12 |
| NEXT REPORT DATE: | 2026-06-11 |
| CASH FLOW | Begin Period Cash Flow | $ 86.0 M |
| Operating Cash Flow | $ 57.7 M | |
| Capital Expenditures | $ -3.52 M | |
| Change In Working Capital | $ 14.4 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 48.1 M | |
| End Period Cash Flow | $ 134.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 291.3 M | |
| Forward Revenue | $ 24.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 179.9 M | |
| Depreciation | $ 5.1 M | |
| Depreciation and Amortization | $ 5.1 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 266.3 M | |
| PROFITABILITY | ||
| Gross Profit | $ 111.4 M | |
| EBITDA | $ 30.2 M | |
| EBIT | $ 25.0 M | |
| Operating Income | $ 25.0 M | |
| Interest Income | $ 784.0 K | |
| Interest Expense | — | |
| Net Interest Income | $ 784.0 K | |
| Income Before Tax | $ 26.5 M | |
| Tax Provision | $ 7.0 M | |
| Tax Rate | 26.327 % | |
| Net Income | $ 19.6 M | |
| Net Income From Continuing Operations | $ 19.6 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.07 | |
| EPS Actual | $ 1.16 | |
| EPS Difference | $ 0.09 | |
| EPS Surprise | 8.411 % | |
| Forward EPS | $ 0.39 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 644.2 M | |
| Intangible Assets | $ 31.0 M | |
| Net Tangible Assets | $ 293.3 M | |
| Total Current Assets | $ 336.0 M | |
| Cash and Short-Term Investments | $ 160.6 M | |
| Cash | $ 127.9 M | |
| Net Receivables | $ 5.5 M | |
| Inventory | $ 147.0 M | |
| Long-Term Investments | $ 12.4 M | |
| LIABILITIES | ||
| Accounts Payable | $ 49.1 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 167.5 M | |
| Net Debt | — | |
| Total Debt | $ 199.3 M | |
| Total Liabilities | $ 319.9 M | |
| EQUITY | ||
| Total Equity | $ 324.3 M | |
| Retained Earnings | $ 124.0 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 19.11 | |
| Shares Outstanding | 16.971 M | |
| Revenue Per-Share | $ 17.17 | |
| VALUATION | Market Capitalization | $ 422.9 M |
| Enterprise Value | $ 461.6 M | |
| Enterprise Multiple | 15.306 | |
| Enterprise Multiple QoQ | -44.357 % | |
| Enterprise Multiple YoY | 7.321 % | |
| Enterprise Multiple IPRWA | high: 125.396 median: 69.828 mean: 63.236 ZUMZ: 15.306 low: -52.822 |
|
| EV/R | 1.585 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.986 | |
| Asset To Liability | 2.014 | |
| Debt To Capital | 0.381 | |
| Debt To Assets | 0.309 | |
| Debt To Assets QoQ | -6.29 % | |
| Debt To Assets YoY | -1.687 % | |
| Debt To Assets IPRWA | high: 0.977 median: 0.516 mean: 0.472 ZUMZ: 0.309 low: 0.152 |
|
| Debt To Equity | 0.615 | |
| Debt To Equity QoQ | -12.223 % | |
| Debt To Equity YoY | 1.197 % | |
| Debt To Equity IPRWA | high: 4.513 mean: 1.452 median: 1.394 ZUMZ: 0.615 low: -2.054 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.304 | |
| Price To Book QoQ | 6.738 % | |
| Price To Book YoY | 36.0 % | |
| Price To Book IPRWA | high: 11.289 mean: 5.575 median: 3.318 ZUMZ: 1.304 low: -3.522 |
|
| Price To Earnings (P/E) | 21.481 | |
| Price To Earnings QoQ | -45.095 % | |
| Price To Earnings YoY | 1.767 % | |
| Price To Earnings IPRWA | high: 254.935 median: 129.433 mean: 96.213 ZUMZ: 21.481 low: -20.344 |
|
| PE/G Ratio | 0.194 | |
| Price To Sales (P/S) | 1.452 | |
| Price To Sales QoQ | -4.824 % | |
| Price To Sales YoY | 28.47 % | |
| Price To Sales IPRWA | high: 17.007 mean: 9.113 median: 7.96 ZUMZ: 1.452 low: 0.166 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 64.474 | |
| Forward PE/G | 0.581 | |
| Forward P/S | 17.318 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 5.162 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.456 | |
| Asset Turnover Ratio QoQ | 19.838 % | |
| Asset Turnover Ratio YoY | 4.643 % | |
| Asset Turnover Ratio IPRWA | high: 1.005 ZUMZ: 0.456 mean: 0.371 median: 0.318 low: 0.087 |
|
| Receivables Turnover | 30.294 | |
| Receivables Turnover Ratio QoQ | 126.789 % | |
| Receivables Turnover Ratio YoY | 15.068 % | |
| Receivables Turnover Ratio IPRWA | high: 96.095 ZUMZ: 30.294 mean: 14.857 median: 11.11 low: 0.251 |
|
| Inventory Turnover | 1.098 | |
| Inventory Turnover Ratio QoQ | 24.421 % | |
| Inventory Turnover Ratio YoY | 2.897 % | |
| Inventory Turnover Ratio IPRWA | high: 2.449 ZUMZ: 1.098 mean: 0.787 median: 0.687 low: 0.278 |
|
| Days Sales Outstanding (DSO) | 3.012 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 65.964 | |
| Cash Conversion Cycle Days QoQ | -8.069 % | |
| Cash Conversion Cycle Days YoY | -6.495 % | |
| Cash Conversion Cycle Days IPRWA | high: 227.71 ZUMZ: 65.964 mean: 13.285 median: -2.031 low: -108.4 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.729 | |
| CapEx To Revenue | -0.012 | |
| CapEx To Depreciation | -0.688 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 324.3 M | |
| Net Invested Capital | $ 324.3 M | |
| Invested Capital | $ 324.3 M | |
| Net Tangible Assets | $ 293.3 M | |
| Net Working Capital | $ 168.5 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.959 | |
| Current Ratio | 2.006 | |
| Current Ratio QoQ | 9.999 % | |
| Current Ratio YoY | -3.257 % | |
| Current Ratio IPRWA | high: 2.744 ZUMZ: 2.006 mean: 1.145 median: 1.081 low: 0.486 |
|
| Quick Ratio | 1.128 | |
| Quick Ratio QoQ | 45.137 % | |
| Quick Ratio YoY | -0.173 % | |
| Quick Ratio IPRWA | high: 2.03 ZUMZ: 1.128 mean: 0.365 median: 0.218 low: 0.1 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.609 | |
| Cost Of Debt | 0.114 % | |
| Interest Coverage Ratio | 78.968 | |
| Interest Coverage Ratio QoQ | 112.631 % | |
| Interest Coverage Ratio YoY | 24.357 % | |
| Interest Coverage Ratio IPRWA | high: 196.101 ZUMZ: 78.968 mean: 22.558 median: 12.491 low: -6.28 |
|
| Operating Cash Flow Ratio | 0.259 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 37.179 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 1.747 % | |
| Revenue Growth | 21.819 % | |
| Revenue Growth QoQ | 88.079 % | |
| Revenue Growth YoY | -14.365 % | |
| Revenue Growth IPRWA | high: 87.944 % ZUMZ: 21.819 % mean: 12.497 % median: 3.313 % low: -20.068 % |
|
| Earnings Growth | 110.909 % | |
| Earnings Growth QoQ | -110.909 % | |
| Earnings Growth YoY | -90.758 % | |
| Earnings Growth IPRWA | high: 373.418 % ZUMZ: 110.909 % mean: 17.295 % median: 1.408 % low: -320.0 % |
|
| MARGINS | ||
| Gross Margin | 38.241 % | |
| Gross Margin QoQ | 1.829 % | |
| Gross Margin YoY | 5.661 % | |
| Gross Margin IPRWA | high: 97.034 % median: 46.874 % mean: 41.597 % ZUMZ: 38.241 % low: 9.886 % |
|
| EBIT Margin | 8.593 % | |
| EBIT Margin QoQ | 74.548 % | |
| EBIT Margin YoY | 19.165 % | |
| EBIT Margin IPRWA | high: 25.215 % median: 14.051 % mean: 12.589 % ZUMZ: 8.593 % low: -12.409 % |
|
| Return On Sales (ROS) | 8.593 % | |
| Return On Sales QoQ | 74.548 % | |
| Return On Sales YoY | 19.165 % | |
| Return On Sales IPRWA | high: 25.215 % median: 14.051 % mean: 12.496 % ZUMZ: 8.593 % low: -11.805 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 54.1 M | |
| Free Cash Flow Yield | 12.803 % | |
| Free Cash Flow Yield QoQ | 1413.357 % | |
| Free Cash Flow Yield YoY | -18.737 % | |
| Free Cash Flow Yield IPRWA | high: 18.359 % ZUMZ: 12.803 % mean: 2.34 % median: 1.017 % low: -11.209 % |
|
| Free Cash Growth | 1653.936 % | |
| Free Cash Growth QoQ | -2551.947 % | |
| Free Cash Growth YoY | -612.489 % | |
| Free Cash Growth IPRWA | ZUMZ: 1653.936 % high: 1022.269 % median: -94.162 % mean: -165.962 % low: -1311.555 % |
|
| Free Cash To Net Income | 2.77 | |
| Cash Flow Margin | 14.869 % | |
| Cash Flow To Earnings | 2.216 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 3.061 % | |
| Return On Assets QoQ | 109.945 % | |
| Return On Assets YoY | 32.856 % | |
| Return On Assets IPRWA | high: 8.667 % ZUMZ: 3.061 % mean: 2.995 % median: 2.338 % low: -6.219 % |
|
| Return On Capital Employed (ROCE) | 5.252 % | |
| Return On Equity (ROE) | 0.06 | |
| Return On Equity QoQ | 96.512 % | |
| Return On Equity YoY | 34.426 % | |
| Return On Equity IPRWA | high: 0.215 ZUMZ: 0.06 median: 0.045 mean: 0.028 low: -0.315 |
|
| DuPont ROE | 6.278 % | |
| Return On Invested Capital (ROIC) | 5.687 % | |
| Return On Invested Capital QoQ | 95.161 % | |
| Return On Invested Capital YoY | -80.028 % | |
| Return On Invested Capital IPRWA | high: 18.18 % median: 9.234 % mean: 8.96 % ZUMZ: 5.687 % low: -13.107 % |
|