$ZUMZ

Zumiez Inc

CIK:0001318008|SEC Filings

Condensed Consolidated Statements of Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Aug. 01, 2026	Aug. 02, 2025	Aug. 01, 2026	Aug. 02, 2025
Income Statement [Abstract]
Net sales	$ 208,964	$ 214,275	$ 402,313	$ 398,618
Cost of goods sold	135,113	138,257	267,119	267,285
Gross profit	73,851	76,018	135,194	131,333
Selling, general and administrative expenses	75,175	75,911	151,710	151,098
Operating (loss) profit	(1,324)	107	(16,516)	(19,765)
Interest income, net	645	753	1,494	3,008
Other (expense) income, net	(753)	52	(865)	1,895
(Loss) profit, before income taxes	(1,432)	912	(15,887)	(14,862)
Provision for income taxes	1,311	1,914	122	471
Net loss	$ (2,743)	$ (1,002)	$ (16,009)	$ (15,333)
Basic loss per share	$ (0.17)	$ (0.06)	$ (1)	$ (0.88)
Diluted loss per share	$ (0.17)	$ (0.06)	$ (1)	$ (0.88)
Weighted average shares used in computation of loss per share
Basic	15,708	16,698	15,955	17,403
Diluted	15,708	16,698	15,955	17,403

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Aug. 01, 2026	Aug. 02, 2025
Cash flows from operating activities:
Net loss	$ (16,009)	$ (15,333)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, amortization and accretion	9,640	10,707
Noncash lease expense	32,589	31,452
Deferred taxes	44	(81)
Stock-based compensation expense	3,944	3,621
Impairment of long-lived assets	598	777
Other	703	(693)
Changes in operating assets and liabilities:
Receivables	(7,815)	(6,768)
Inventories	(11,769)	(7,540)
Prepaid expenses and other assets	(1,778)	(1,836)
Trade accounts payable	19,787	18,682
Accrued payroll and payroll taxes	(7,772)	(1,070)
Income taxes payable	(11,145)	(4,775)
Operating lease liabilities	(34,650)	(35,065)
Other liabilities	(3,643)	(1,579)
Net cash used in operating activities	(27,276)	(9,501)
Cash flows from investing activities:
Additions to fixed assets	(4,880)	(5,317)
Purchases of marketable securities	(28,512)	(8,044)
Sales and maturities of marketable securities	13,510	16,881
Net cash (used in) provided by investing activities	(19,882)	3,520
Cash flows from financing activities:
Proceeds from revolving credit facilities	16,441
Payments on revolving credit facilities	(16,441)
Proceeds from the issuance and exercise of stock-based awards, net of tax	34	185
Repurchase of common stock	(28,972)	(32,682)
Net cash used in financing activities	(28,938)	(32,497)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(1,605)	1,614
Net decrease in cash, cash equivalents, and restricted cash	(77,701)	(36,864)
Cash, cash equivalents, and restricted cash, beginning of period	134,113	121,529
Cash, cash equivalents, and restricted cash, end of period	56,412	84,665
Supplemental disclosure on cash flow information:
Cash paid during the period for income taxes	11,146	5,452
Accrual for purchases of fixed assets	1,409	1,180
Accrual for repurchase of common stock	$ 714	$ 426

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 01, 2026	Jan. 31, 2026
Current assets
Cash and cash equivalents	$ 50,288	$ 127,860
Marketable securities	46,977	32,764
Receivables	25,233	13,957
Inventories	157,282	146,995
Prepaid expenses and other current assets	16,507	14,407
Total current assets	296,287	335,983
Fixed assets, net	68,290	72,813
Operating lease right-of-use assets	214,226	185,604
Goodwill	15,531	15,519
Intangible assets, net	15,103	15,513
Deferred tax assets, net	6,310	6,349
Other long-term assets	11,643	12,390
Total long-term assets	331,103	308,188
Total assets	627,390	644,171
Current liabilities
Trade accounts payable	68,141	49,150
Accrued payroll and payroll taxes	20,281	28,221
Operating lease liabilities	59,203	54,023
Other current liabilities	25,180	36,136
Total current liabilities	172,805	167,530
Long-term operating lease liabilities	168,001	145,306
Other long-term liabilities	7,571	7,050
Total long-term liabilities	175,572	152,356
Total liabilities	348,377	319,886
Commitments and contingencies (Note 5)
Shareholders’ equity
Preferred stock, no par value, 20,000 shares authorized; none issued and outstanding
Common stock, no par value, 50,000 shares authorized; 15,854 shares issued and outstanding at August 1, 2026 and 16,971 shares issued and outstanding at January 31, 2026	215,742	211,764
Accumulated other comprehensive loss	(14,994)	(11,438)
Retained earnings	78,265	123,959
Total shareholders’ equity	279,013	324,285
Total liabilities and shareholders’ equity	$ 627,390	$ 644,171