Zumiez Stock Sinks 16% on Q2 Earnings Miss and Guidance Cut
Why is Zumiez stock down today?
Zumiez (ZUMZ) stock sank 16% to about $14 on Friday after the action-sports retailer posted a Q2 earnings loss of $0.17 per share and cut full-year guidance to a low-single-digit revenue decline.
Key numbers
| Q2 EPS | -$0.17vs. -$0.06 prior year; missed -$0.11 estimate |
|---|---|
| Q2 Net Sales | $209.0M-2.5% YoY; missed ~$213M estimate |
| Q3-to-Date Net Sales | -4.3% YoY37 days through Sept 7, 2026; comp sales -3.5% |
| Q3 EPS Guidance | $0.00–$0.10vs. $0.55 prior year; missed $0.59 consensus |
| FY2026 Planned Store Closures | ~16 stores~$12M in lost annual sales; net footprint falls |
| Cash & Marketable Securities | $97.3Mvs. $106.7M prior year |
What happened
Zumiez (ZUMZ) stock sank 16% to about $14 on Friday after the action-sports retailer posted a Q2 earnings loss of $0.17 per share and cut full-year guidance to a low-single-digit revenue decline. Net sales for the quarter ended August 1 fell 2.5% to $209 million, missing the roughly $213 million analysts expected. Footwear drove about 70% of the U.S. shortfall, with North American comparable-store sales down 2.9%, even as stores in Europe and Australia posted a 2.1% gain. Management also disclosed that Q3-to-date net sales — covering the 37 days through September 7 — were already 4.3% below last year, and announced plans to close about 16 stores in fiscal 2026, removing roughly $12 million in annual sales.
Why it matters
Zumiez is one of the largest action-sports specialty retailers in North America, selling skate, snow, and street-fashion apparel and footwear to teens and young adults across more than 700 stores. Its results show that this group is pulling back on discretionary spending — especially footwear, once the chain's growth engine — even while international stores hold up. The guidance cut signals management sees no quick rebound, which is a warning sign for other teen-focused specialty retailers heading into the holiday season.
Who this affects
- MarketbearishMedium impact
- Teen-retail stocks face broader pressure from spending slowdown.
- CompanybearishHigh impact
- Zumiez shareholders face deeper losses and a shrinking store base.
- CompetitorsmixedLow impact
- Tilly's and Buckle may gain shoppers as Zumiez closes stores.
- IndustrybearishMedium impact
- Action-sports retail faces a widening teen-spending slowdown.
Zumiez vs Tilly's, Buckle
| ZumiezZUMZ:NASDAQ | ~$236M | -16.2% | — | — |
|---|---|---|---|---|
| Tilly'sTLYS:NYSE | $131M | +5.7% | — | 33.0x |
| BuckleBKE:NYSE | $2.04B | -1.2% | — | 9.9x |
As of 2026-09-11
How we got here
Q1 FY2026: revenue $193.3M, up 4.9%; comparable sales +4.0%.
Q3-to-date sales (37 days) already 4.3% below prior year.
$40M share-repurchase program completed; Q2 results released after close.
Full-year EPS guidance withdrawn; sales outlook cut to low-single-digit decline.
ZUMZ sank 16%, nearing 52-week low, more than 55% below prior peak.
What to watch
- Q3 FY2026 results (13 weeks ending Oct. 31); footwear trend the key signal.Q4 2026
- Whether back-to-school weakness extends into holiday-season traffic.Q4 2026
- Any additional store-closure announcements beyond the 16 already planned.2026-12-31
Educational content only. Not investment advice.
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