Zumiez (NASDAQ:ZUMZ) Reports Q1 CY2026 In Line With Expectations But Stock Drops 10.7%
Zumiez (NASDAQ: ZUMZ) reported Q1 CY2026 revenue of $193.3 million, up 4.9% year over year and in line with Wall Street expectations. Next-quarter revenue guidance was $212.5 million, about 3.1% below analysts’ estimates. The company posted a GAAP loss of $0.82 per share, slightly better than consensus, and its shares fell 10.7% to $21.00.
How this was made

The 30-second read
Why it matters
The key tradable datapoint is the next-quarter revenue guidance coming in below Wall Street estimates, which the market punished immediately despite an in-line Q1 revenue print.
Market read
Guidance shortfall is the dominant driver of near-term risk for ZUMZ, outweighing in-line Q1 revenue and modest margin/EBITDA outperformance.
What to watch
Same-store sales rose 4% YoY and management cited progress toward profitable growth; store closures can mechanically lift same-store metrics even while total revenue growth stays muted.
Background
Zumiez is a specialty street/skate apparel retailer; the article frames recent performance around store closures and same-store sales trends.
Ticker impact
Zumiez reported Q1 CY2026 results in line, but guided next-quarter revenue below estimates, driving a -10.7% stock drop.
Bearish bias for the next few sessions as guidance miss can pressure estimates and sentiment.
The article cites in-line Q1 revenue/EPS loss vs consensus, but highlights next-quarter revenue guidance $212.5M coming in 3.1% below estimates and notes the immediate -10.7% selloff.
Market effects
Signals continued pressure on discretionary specialty retail demand and/or merchandising execution, with guidance sensitivity outweighing in-line prints.
Primarily US retail sentiment; limited direct regional spillover implied.
Low—company-specific guidance miss without broader global macro linkage in the article.
Counterpoint
If gross margin and EBITDA beat were driven by cost discipline, the guidance miss may be temporary and could reverse if inventory/demand stabilizes.
Key entities
- companyZumiez
Reported Q1 CY2026 results in line with expectations and issued next-quarter revenue guidance below analysts’ estimates.


