Zumiez Inc (NAS:ZUMZ)

Q1 2026 Zumiez Inc Earnings Call Transcript

Jun 4, 2026 / 09:00 PM GMT

Release Date Price: $23.48 (+1.60%)

Transcript 8-K10-Q

Key Points

Positve

Zumiez Inc (ZUMZ) reported an 8th consecutive quarter of positive comparable sales growth, with a 4% increase in Q1.
The North American business showed strength with a 4.4% comparable sales gain, and Europe posted a 5.5% gain.
Private label sales reached 34% of total sales, marking the highest penetration in company history.
The company ended Q1 with a strong financial position, holding $124 million in cash and marketable securities, up from $101 million a year ago.
Zumiez Inc (ZUMZ) achieved a 170 basis point increase in gross margin, driven by product margin improvements and cost efficiencies.

Negative

The company reported a net loss of $13.3 million for Q1, compared to a $14.3 million loss in the prior year.
Footwear was the only category with negative comparable sales, indicating a potential area of concern.
The company anticipates a challenging Q2 with projected sales growth ranging from negative 2% to positive 0.5%.
Zumiez Inc (ZUMZ) plans to close approximately 26 stores in fiscal 2026, including 20 in North America, which may impact sales.
The company is cautious about the back half of the year due to increased consumer pressures and evolving macroeconomic conditions.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ZUMZ.OQ - Zumiez Inc
Q1 2026 Zumiez Inc Earnings Call
Jun 04, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen, and welcome to the Zoomies, Inc. First Quarter Fiscal 2026 Earnings Conference Call. At this time, all participants are in listen-only mode. We will conduct a question-and-answer session towards the end of this conference. Before we begin, I'd like to remind everyone of the company's safe harbor language. Today's conference call includes comments concerning Zoomies, Inc. Business outlook and contains forward-looking statements. These forward-looking statements and all other statements that may be made. On this call are not based on historical facts are subject to risks and uncertainties. Actual results may differ materially. Additional information concerning a number of factors that could cause actual results to

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