Zumiez, Inc. reported earnings climbed 32.5 percent in the fourth quarter ended January 31, helped by a focus on full-price selling and a 5.5 percent same-store gain in North America. Comps grew 7.5 percent in February.

Net sales for the fourth quarter ended January 31, 2026 (13 weeks) increased 4.4 percent to $291.3 million from $279.2 million in the fourth quarter ended February 1, 2025 (13 weeks). Comparable sales for the thirteen weeks increased 2.2 percent. Net income in the fourth quarter of fiscal 2025 increased to $19.6 million, or $1.16 per share, compared to net income of $14.8 million, or $0.78 per share, in the fourth quarter of the prior fiscal year.

Results topped updated guidance provided on January 12 when Zumiez reported holiday sales. At the time, Zumiez said it anticipated fourth-quarter sales to arrive between $287 million and $290 million, down from previous guidance of $291 million to $296 million. The decrease is driven by softer international sales. Earnings per share for the quarter were expected to be between $1.05 and $1.10, up from the prior guidance range of 97 cents to $1.07.

Total net sales for the twelve months (52 weeks) ended January 31, 2026, increased 4.5 percent to $929.1 million from $889.2 million reported for the twelve months (52 weeks) ended February 1, 2025. Comparable sales increased 4.3 percent. Net income for fiscal 2025 increased $15.1 million to $13.4 million, or $0.78 per share, compared to a net loss of $1.7 million, or $0.09 per share, in fiscal 2024. Fiscal 2025 was negatively impacted by $3.6 million, or approximately $0.15 per diluted share, related to the settlement of a wage and hours lawsuit in California.

As of January 31, 2026, the company had cash and current marketable securities of $160.6 million compared to cash and current marketable securities of $147.6 million as of February 1, 2025. The increase was primarily driven by higher cash flow from operations, partially offset by share repurchases and capital expenditures. The company repurchased 2.7 million shares during fiscal 2025 at an average cost of $14.18 per share and a total cost of $38.3 million.

Rick Brooks, chief executive officer of Zumiez Inc., stated, “Our fourth quarter performance was highlighted by strong full price selling in North America, which fueled mid-single digit comparable sales growth in the region and meaningful gross margin expansion. In addition to these results, our focus on assortment and full-price selling in the European business drove a 250-basis-point improvement in product margin year over year. Fiscal 2025 represented an important step towards returning to historical levels of sales and earnings, and while we still have work to do, our results underscore the success of our recent merchandise assortments, customer experience and expense management. We started the new year with good momentum and believe we have the right plans in place to build on our recent progress, including generating increased cash, which we’ll deploy to drive growth and enhanced shareholder value.” 

Fiscal First Quarter-to-Date Sales
Total first-quarter-to-date sales for the four weeks ended February 28, 2026, increased 9.8 percent from the four weeks ended March 1, 2025. Comparable sales for the four weeks ended February 28, 2026, increased 7.5 percent from the four weeks ended March 1, 2025. From a regional perspective, comparable sales in North America increased 6.0 percent, and comparable sales in other international markets increased 13.2 percent. 

Fiscal 2026 First Quarter Outlook
The company is introducing guidance for the three months ending May 2, 2026. Net sales are projected to be in the range of $189 to $193 million. Earnings per share are expected to be between a loss of 77 cents and a loss of 87 cents.

In fiscal 2026, the company intends to open approximately 5 new stores in North America and close roughly 25 stores, including 20 in the U.S. and 5 in Europe.

Stock Repurchase Authorization
On March 11, 2026, the Board of Directors of Zumiez, Inc. approved the repurchase of up to an aggregate of $40 million of common stock. The repurchase program is expected to continue through January 29, 2028, unless the Board of Directors extends or shortens the program. The repurchase program supersedes the prior authorization approved by the Board of Directors on June 4, 2025, that was set to expire on June 30, 2026.

Image courtesy Zumiez