Zumiez (NASDAQ:ZUMZ) shares fell 14.6% in premarket trading after the retailer reported fiscal second-quarter results below analyst expectations and issued third-quarter guidance below consensus estimates.
For the quarter ended August 1, 2026, Zumiez reported a net loss of $0.17 per share, compared with analyst estimates cited in the source of approximately $0.11 to $0.14 per share.
Net sales declined 2.5% year on year to $209 million, compared with an analyst forecast of approximately $213 million.
“Second quarter results came in below last year driven by weaker performance in the U.S., which was primarily driven by continued softness in footwear as well as lower traffic levels,” CEO Rick Brooks said.
Zumiez Forecasts Q3 EPS of $0.00 to $0.10
For the fiscal third quarter, Zumiez forecast earnings per share of between $0.00 and $0.10, compared with the $0.59 consensus estimate cited in the source.
The company expects third-quarter revenue of between $222 million and $226 million, compared with an analyst consensus of $238 million.
Zumiez also reported that third-quarter-to-date net sales through September 7 were 4.3% below the corresponding prior-year period.
The retailer plans to close approximately 16 stores during fiscal 2026.
Shares Trade at $14.27 Premarket
Zumiez shares were trading at $14.27 in the premarket session, according to the source. The source also cited a 52-week low of $15.09.
Ahead of the results, the average analyst rating was listed as “Reduce,” while at least one firm had downgraded the shares to “sell” in the days preceding the earnings announcement.
Broader US equity indices, including the S&P 500, Dow Jones and Nasdaq, were modestly higher at the time cited in the source. No major same-day announcements from Tilly’s or Foot Locker were identified in the supplied material.
Zumiez stock price