---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-288461"
form_type: "8-K"
ticker: "ZUMZ"
cik: "0001318008"
company_name: "Zumiez Inc"
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:37:19.537742+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Zumiez amends credit agreement to $25M; restricts dividends and buybacks through Dec 2024

## Summary
- Credit limit reduced to $25M through December 1, 2024 (previously higher).
- EBITDA maintenance covenant: not less than $9M (Oct 2023), $2.5M (Feb 2024), $9M (May 2024), $12M (Aug 2024), $20M (Nov 2024).
- Borrowing rate set at SOFR plus 1.75% per annum; unused commitment fee 0.50% per annum.
- Dividends and stock repurchases disallowed without Wells Fargo approval through December 1, 2024.
- Amendment dated November 30, 2023 with Wells Fargo Bank, N.A.

## SEC filing metadata
- accession: 0001193125-23-288461
- form_type: 8-K
- ticker: ZUMZ
- cik: 0001318008
- company_name: Zumiez Inc
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318008/000119312523288461/0001193125-23-288461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318008/000119312523288461/d623178d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-288461
- JSON: https://secwatch.observer/filing/0001193125-23-288461.json
- Plain text: https://secwatch.observer/filing/0001193125-23-288461.txt

## Key facts
- Material Agreements
  Zumiez Inc amended Third Amendment to Credit Agreement with Wells Fargo Bank, N.A (effective 2023-11-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, N.A
  - Effective: 2023-11-30
  source text: Zumiez Inc. (the “ Registrant ”) together with its subsidiary Zumiez Services Inc. (“ Zumiez Services ”) as the co-borrower (collectively with the Registrant and certain other subsidiaries as guarantors, the “ Company ”), entered into a Third Amendment to Credit Agreement (the “ Amendment ”) with Wells Fargo Bank, N.A (the “ Bank ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318008/000119312523288461/0001193125-23-288461-index.htm

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