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Form 8-K

sec.gov

8-K — Zumiez Inc

Accession: 0001171843-26-005980

Filed: 2026-09-10

Period: 2026-09-10

CIK: 0001318008

SIC: 5600 (RETAIL-APPAREL & ACCESSORY STORES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — f8k_091026.htm (Primary)

EX-99.1 — PRESS RELEASE (exh_991.htm)

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8-K — FORM 8-K

8-K (Primary)

Filename: f8k_091026.htm · Sequence: 1

Form 8-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  September 10, 2026

_______________________________

Zumiez Inc.

(Exact name of registrant as specified in its charter)

_______________________________

Washington 000-51300 91-1040022

(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

4001 204th Street SW

Lynnwood, Washington 98036

(Address of Principal Executive Offices) (Zip Code)

(425) 551-1500

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock ZUMZ Nasdaq Global Select

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On September 10, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

In accordance with General Instruction B.2. of Form 8-K, the information contained in this report and the Press Release shall not be deemed "Filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

99.1   Press Release dated September 10, 2026

104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Zumiez Inc.

Date: September 10, 2026 By:  /s/ Richard M. Brooks

Richard M. Brooks

Chief Executive Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: exh_991.htm · Sequence: 2

EdgarFiling

EXHIBIT 99.1

Zumiez Inc. Announces Fiscal 2026 Second Quarter Results

LYNNWOOD, Wash., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the second quarter ended August 1, 2026.

Net sales for the second quarter ended August 1, 2026 (13 weeks) decreased 2.5% to $209.0 million from $214.3 million in the second quarter ended August 2, 2025 (13 weeks).   Comparable sales for the thirteen weeks ended August 1, 2026, decreased 2.1%. Net loss in the second quarter of fiscal 2026 was $2.7 million, or $0.17 per share, compared to a net loss of $1.0 million, or $0.06 per share, in the second quarter of the prior fiscal year.

Total net sales for the six months (26 weeks) ending August 1, 2026 increased 0.9% to $402.3 million from $398.6 million reported for the six months (26 weeks) ending August 2, 2025.   Comparable sales increased 0.7% for the twenty-six weeks ended August 1, 2026. Net loss for the first six months of fiscal 2026 was $16.0 million, or $1.00 per share, compared to a net loss for the first six months of fiscal 2025 of $15.3 million, or $0.88 per share.

On August 1, 2026, the Company had cash and current marketable securities of $97.3 million compared to cash and current marketable securities of $106.7 million on August 2, 2025. The decrease was primarily driven by $34.5 million related to share repurchases and $10.6 million of capital expenditures partially offset by $35.7 million of cash flow from operations. The Company repurchased 1.2 million shares during the second quarter of 2026 at an average cost including commission of $19.30 per share and a total cost of $23.2 million. Fiscal year-to-date through August 1, 2026, the Company has repurchased 1.5 million shares at an average cost including commission of $20.07 per share and a total cost of $29.5 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," said Rick Brooks, Chief Executive Officer of Zumiez Inc. "The decline in the U.S. business was partially offset by continued growth across our other regions, underscoring the strength and diversification of our global business. Our back-to-school trend was similar to our second quarter results with the U.S. being our toughest performing market after two years of low double digit comparable store sales growth for the same periods, partially offset by comparable sales gains internationally. As we look forward to the holiday season, we remain focused on refining our merchandise assortments and deepening our customer experience initiatives to improve the trajectory."

Third Quarter To-Date

Third quarter-to-date net sales for the 37 days ending September 7, 2026, decreased 4.3%, compared with the 37-day period in the prior year ending September 8, 2025. Comparable sales over the same period are down 3.5%.

Fiscal 2026 Third Quarter Outlook

The Company is introducing guidance for the three months ending October 31, 2026. Net sales are projected to be in the range of $222 to $226 million. Earnings per share are expected to be between $0.00 and $0.10.

In fiscal 2026 the Company currently intends to open approximately 5 new stores all located in North America and close roughly 16 stores, including 10 in North America and 6 internationally.

Conference call Information

To access the conference call, please pre-register using this link (Registration Link). Registrants will receive confirmation with dial-in details. The conference call will also be available to interested parties through a live webcast at https://ir.zumiez.com. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at https://ir.zumiez.com.

About Zumiez Inc.

Zumiez is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear, and other unique lifestyles. As of August 29, 2026, we operated 714 stores, including 561 in the United States, 45 in Canada, 81 in Europe and 27 in Australia. We operate under the names Zumiez, Blue Tomato and Fast Times. Additionally, we operate ecommerce web sites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au.

Safe Harbor Statement

Certain statements in this press release and oral statements relating thereto made from time to time by representatives of the Company may constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, predictions and guidance relating to the Company's future financial performance, brand and product category diversity, ability to adjust product mix, integration of acquired businesses, growing customer demand for our products and new store openings. In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation, those described in the Company’s annual report on Form 10-K for the fiscal year ended February 1, 2025 as filed with the Securities and Exchange Commission and available at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

ZUMIEZ INC.

CONDENSED CONSOLIDATED STATEMENTS OF LOSS

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended

August 1, 2026   % of Sales   August 2, 2025

% of Sales

Net sales   $ 208,964     100.0 %   $ 214,275     100.0 %

Cost of goods sold     135,113     64.7 %     138,257     64.5 %

Gross profit     73,851     35.3 %     76,018     35.5 %

Selling, general and administrative expenses     75,175     35.9 %     75,911     35.4 %

Operating loss (profit)     (1,324 )   -0.6 %     107     0.1 %

Interest income, net     645     0.3 %     753     0.3 %

Other expense (income), net     (753 )   -0.4 %     52     0.0 %

Loss (profit), before income taxes     (1,432 )   -0.7 %     912     0.4 %

Provision for income taxes     1,311     0.6 %     1,914     0.9 %

Net loss   $ (2,743 )   -1.3 %   $ (1,002 )   -0.5 %

Basic loss per share   $ (0.17 )       $ (0.06 )

Diluted loss per share   $ (0.17 )       $ (0.06 )

Weighted average shares used in computation of earnings per share

Basic     15,708           16,698

Diluted     15,708           16,698

Six Months Ended

August 1, 2026   % of Sales   August 2, 2025

% of Sales

Net sales   $ 402,313     100.0 %   $ 398,618     100.0 %

Cost of goods sold     267,119     66.4 %     267,285     67.1 %

Gross profit     135,194     33.6 %     131,333     32.9 %

Selling, general and administrative expenses     151,710     37.7 %     151,098     37.9 %

Operating loss     (16,516 )   -4.1 %     (19,765 )   -5.0 %

Interest income, net     1,494     0.4 %     3,008     0.8 %

Other expense (income), net     (865 )   -0.2 %     1,895     0.5 %

Loss, before income taxes     (15,887 )   -3.9 %     (14,862 )   -3.7 %

Provision for income taxes     122     0.1 %     471     0.1 %

Net loss   $ (16,009 )   -4.0 %   $ (15,333 )   -3.8 %

Basic loss per share   $ (1.00 )       $ (0.88 )

Diluted loss per share   $ (1.00 )       $ (0.88 )

Weighted average shares used in computation of loss per share:

Basic     15,955           17,403

Diluted     15,955           17,403

ZUMIEZ INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

August 1, 2026   January 31, 2026   August 2, 2025

(Unaudited)       (Unaudited)

Assets

Current assets

Cash and cash equivalents   $ 50,288     $ 127,860     $ 78,804

Marketable securities     46,977       32,764       27,936

Receivables     25,233       13,957       22,042

Inventories     157,282       146,995       157,722

Prepaid expenses and other current assets     16,507       14,407       14,258

Total current assets     296,287       335,983       300,762

Fixed assets, net     68,290       72,813       77,756

Operating lease right-of-use assets     214,226       185,604       193,809

Goodwill     15,531       15,519       15,334

Intangible assets, net     15,103       15,513       14,853

Deferred tax assets, net     6,310       6,349       8,781

Other long-term assets     11,643       12,390       12,093

Total long-term assets     331,103       308,188       322,626

Total assets   $ 627,390     $ 644,171     $ 623,388

Liabilities and Shareholders’ Equity

Current liabilities

Trade accounts payable   $ 68,141     $ 49,150     $ 69,181

Accrued payroll and payroll taxes     20,281       28,221       21,443

Operating lease liabilities     59,203       54,023       55,608

Other current liabilities     25,180       36,136       24,777

Total current liabilities     172,805       167,530       171,009

Long-term operating lease liabilities     168,001       145,306       153,115

Other long-term liabilities     7,571       7,050       6,827

Total long-term liabilities     175,572       152,356       159,942

Total liabilities     348,377       319,886       330,951

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, 16,971 shares issued and outstanding at January 31, 2026, and 17,221 shares issued and outstanding at August 2, 2025     215,742       211,764       207,388

Accumulated other comprehensive loss     (14,994 )     (11,438 )     (15,684 )

Retained earnings     78,265       123,959       100,733

Total shareholders’ equity     279,013       324,285       292,437

Total liabilities and shareholders’ equity   $ 627,390     $ 644,171     $ 623,388

ZUMIEZ INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Six Months Ended

August 1, 2026   August 2, 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

Company Contact:

Darin White

Director of Finance &

Investor Relations

Zumiez Inc.

(425) 551-1500, ext. 1337

Investor Contact:

ICR

Brendon Frey

(203) 682-8200

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-Section 425

+ Details

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