---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-003691"
form_type: "8-K"
ticker: "ZUMZ"
cik: "0001318008"
company_name: "Zumiez Inc"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:03:44.675930+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zumiez Q1 net sales down 17.1% to $182.9M; net loss per share $0.96 vs $0.02 loss last year

## Summary
- Net loss $18.4M ($0.96 loss per diluted share) vs net loss $0.4M ($0.02 loss per share) in prior year.
- Cash and marketable securities $155.3M at April 29, 2023, down from $173.0M year-over-year.
- May 2023 net sales decreased 12.8% and comparable sales decreased 14.3% from prior year period.
- Q2 FY2023 guidance: net sales $187-$192M, loss per share $(0.63) to $(0.73).
- Planning to open ~23 new stores in FY2023 (8 North America, 10 Europe, 5 Australia).

## SEC filing metadata
- accession: 0001171843-23-003691
- form_type: 8-K
- ticker: ZUMZ
- cik: 0001318008
- company_name: Zumiez Inc
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/0001171843-23-003691-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/f8k_060123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-003691
- JSON: https://secwatch.observer/filing/0001171843-23-003691.json
- Plain text: https://secwatch.observer/filing/0001171843-23-003691.txt

## Key facts
- Earnings Releases
  Zumiez Inc reported first quarter ended April 29, 2023 results: revenue $182.9 million, net income $18.4 million, EPS $0.96 loss per diluted share.
  - Period: first quarter ended April 29, 2023
  - Revenue: $182.9 million
  - Net income: $18.4 million
  - EPS: $0.96 loss per diluted share
  - Result: reported results
  source text: Net sales for the first quarter ended April 29, 2023 (13 weeks) decreased 17.1% to $182.9 million from $220.7 million in the first quarter ended April 30, 2022 (13 weeks). Net loss in the first quarter of fiscal 2023 was $18.4 million, or $0.96 loss per diluted share, compared to a net loss of $0.4 million, or $0.02 loss per diluted share, in the first quarter of the prior fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/0001171843-23-003691-index.htm
- Earnings Releases
  Zumiez Inc reported three months ending July 29, 2023 results: revenue $187 to $192 million, EPS $(0.63) to $(0.73). Guidance initiated.
  - Period: three months ending July 29, 2023
  - Revenue: $187 to $192 million
  - EPS: $(0.63) to $(0.73)
  - Guidance: initiated
  - Result: guidance update
  source text: The Company is introducing guidance for the three months ending July 29, 2023. Net sales are projected to be in the range of $187 to $192 million. Loss per share is expected to be between $(0.63) to $(0.73).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318008/000117184323003691/0001171843-23-003691-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.