Zumiez, Inc. reported that both earnings and sales topped guidance in the second quarter ended August 2. Comps grew 2.5 percent on top of a 3.6 percent increase in the year-ago period.
Net sales for the second quarter ended August 2, 2025 (13 weeks) increased 1.9 percent to $214.3 million from $210.2 million in the second quarter ended August 3, 2024 (13 weeks). Zumiez’s guidance had called for sales between $207 to $214 million.
Comparable sales for the thirteen weeks ended August 2, 2025, increased 2.5 percent on top of a 3.6 percent increase in the year-ago period.
Net loss in the second quarter of fiscal 2025 was $1.0 million, or 6 cents per share, compared to a net loss of $0.8 million, or $0.04 per share, in the second quarter of the prior fiscal year. Zumiez’s guidance had called for a loss per share in the range of $0.09 to $0.24.
Total net sales for the six months (26 weeks) ending August 2, 2025, increased 2.9 percent to $398.6 million from $387.6 million reported for the six months (26 weeks) ending August 3, 2024. Comparable sales increased 3.9 percent for the twenty-six weeks ended August 2, 2025. Net loss for the first six months of fiscal 2025 was $15.3 million, or $0.88 per share, compared to a net loss for the first six months of fiscal 2024 of $17.6 million, or $0.91 per share. The first six months of 2025 were negatively impacted by $3.6 million, or approximately $0.15 per share, related to the settlement of a wage and hours lawsuit in California.
As of August 2, 2025, the company had cash and current marketable securities of $106.7 million, compared to $127.0 million as of August 3, 2024. The decrease was primarily driven by $38.3 million related to share repurchases and $14.1 million in capital expenditures, partially offset by $26.6 million in cash flow from operations and the release of $3.0 million in restricted cash. The company repurchased 0.6 million shares during the second quarter of 2025 at an average cost, including commission, of $13.10 per share and a total cost of $7.8 million. Fiscal year-to-date through August 2, 2025, the company has repurchased 2.4 million shares at an average cost, including commission, of $13.64 per share and a total cost of $32.8 million. $7.2 million remains on the current open repurchase authorization.
Rick Brooks, chief executive officer of Zumiez, Inc., stated, “We are encouraged by our second quarter results, which exceeded expectations, driven by outperformance in North America. Sales trends accelerated throughout the quarter, even as we faced more difficult comparisons, underscoring the success of our recent merchandise and customer experience initiatives in what continues to be a challenging operating environment. We are seeing further acceleration third quarter-to-date, led by an 11.2 percent comparable sales gain during back-to-school on top of a double-digit increase in the year-ago period. With back-to-school performing well, we are optimistic about our prospects for the holiday season. However, we think it is prudent to balance our current momentum with some near-term conservatism given the uncertainty around tariffs and overall consumer demand.”
Third Quarter To-Date
Third quarter-to-date net sales for the 30 days ending September 1, 2025, increased 10.6 percent, compared with the 30-day period in the prior year ending September 2, 2024. Comparable sales over the same period increased by 11.2 percent, led by strong comparable sales growth in North America of 13.0 percent.
Fiscal 2025 Third Quarter Outlook
The company is introducing guidance for the three months ending November 1, 2025. Net sales are projected to be in the range of $232 million to $237 million, with anticipated comparable sales growth of between 5.5 percent and 7.5 percent. Consolidated operating margins are expected to be between 2.3 percent and 3.3 percent, resulting in earnings per diluted share of approximately 19 cents to 29 cents.
The company currently intends to open approximately 6 new stores in fiscal 2025, including up to 5 stores in North America and 1 store in Australia.
Image courtesy Zumiez
