Wall Street Zen downgraded shares of Zumiez (NASDAQ:ZUMZ – Free Report) from a sell rating to a strong sell rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings upgraded Zumiez from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.
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Zumiez Stock Performance
Zumiez (NASDAQ:ZUMZ – Get Free Report) last issued its earnings results on Thursday, September 10th. The apparel and footwear maker reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The business had revenue of $208.96 million for the quarter, compared to the consensus estimate of $212.11 million. Zumiez had a return on equity of 3.71% and a net margin of 1.36%.The firm’s revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.06) earnings per share. Zumiez has set its Q3 2026 guidance at 0.000-0.100 EPS. Sell-side analysts predict that Zumiez will post 0.46 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Quantinno Capital Management LP grew its position in Zumiez by 4.8% in the 1st quarter. Quantinno Capital Management LP now owns 15,139 shares of the apparel and footwear maker’s stock valued at $335,000 after buying an additional 690 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Zumiez in the 1st quarter worth approximately $27,000. Legal & General Group Plc acquired a new stake in shares of Zumiez in the 2nd quarter worth approximately $25,000. Quantbot Technologies LP bought a new position in shares of Zumiez in the second quarter valued at approximately $31,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Zumiez in the second quarter valued at approximately $34,000. 95.45% of the stock is currently owned by hedge funds and other institutional investors.
Zumiez Company Profile
Zumiez, Inc is a specialty retailer focused on apparel, footwear, accessories and equipment for young men and women interested in action sports, streetwear and active lifestyles. Its merchandise includes clothing, shoes, headwear, backpacks, skateboards, snowboards and related products, sold under a mix of established brands and private-label offerings.
The company operates through a combination of physical retail stores and e-commerce platforms. Its stores emphasize trend-focused merchandise and culture-driven retail experiences connected to skateboarding, snowboarding, surfing, BMX, motocross and other youth-oriented activities.
Founded in 1978, Zumiez began as a single store in Seattle, Washington, and has expanded its presence across the United States, Canada, Europe and Australia.
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