Zumiez reported first-quarter net sales rose 4.9% year-over-year to $193.3 million and comparable sales climbed 4.0%, narrowing its net loss to $13.3 million ($0.82 per share) from $14.3 million. Cash balance rose to $124.2 million, fueled by $47.5 million operating cash flow and $6.2 million in share repurchases.
Zumiez reported net sales of $193.3 million for the first quarter, a 4.9% increase year over year, with comparable sales up 4.0%. The company narrowed its net loss to $13.3 million, or $0.82 per share, compared to a $14.3 million loss in the prior year period.
At quarter-end, cash and securities totaled $124.2 million, driven by $47.5 million of operating cash flow and the release of $3.0 million in restricted cash. The company repurchased 0.3 million shares at an average cost of $23.56 per share for a total of $6.2 million.
In the four-week period ending May 30, comparable sales declined 0.1%, with North America down 1.5% and international markets up 7.2%. The slight monthly softness contrasts with the mid-single-digit comp gains reported earlier in the quarter, driven by merchandising and customer experience initiatives.
For fiscal 2026's second quarter, Zumiez projects net sales between $210 million and $215 million and a loss per share of $0.23 to $0.08. The company plans to open approximately five new North American stores while closing about 26 locations across all markets.
