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Stockholders' Equity
 9 Months Ended
Nov. 01, 2025
Equity [Abstract]  
Stockholders' Equity

8. Stockholders’ Equity

 

Share Repurchase—On March 12, 2025, Zumiez Inc. approved the repurchase of up to an aggregate of $25 million of its Common Stock which was completed in the first quarter of the fiscal year.

 

On June 4, 2025, Zumiez Inc. approved the repurchase of up to an aggregate of $15 million of its Common Stock (the “Repurchase Program”). The repurchases will be made from time to time on the open market at prevailing market prices. The Repurchase Program is expected to continue through June 30, 2026, unless the time period is extended or shortened by the Board of Directors. As of November 1, 2025, there remains $1.7 million available to repurchase common stock under the share Repurchase Program.

The following table summarizes our common stock repurchase activity (in thousands, except per share amount):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

November 1, 2025

 

 

November 2, 2024

 

November 1, 2025

 

 

November 2, 2024

 

Number of shares repurchased

 

 

292

 

 

 

220

 

 

 

2,697

 

 

 

1,165

 

Average price per share of repurchased shares (with commission)

 

$

18.61

 

 

$

25.35

 

 

$

14.18

 

 

$

21.46

 

Total cost of shares repurchased

 

$

5,437

 

 

$

5,578

 

 

$

38,253

 

 

$

25,000

 

 

Accumulated Other Comprehensive Loss —The components of accumulated other comprehensive loss and the adjustments to other comprehensive income (loss) for amounts reclassified from accumulated other comprehensive loss into net income (loss) are as follows (in thousands):
 

 

Foreign currency
translation
adjustments (3)

 

 

Net change in fair value of marketable debt securities

 

 

Accumulated other comprehensive losses

 

Three months ended November 1, 2025:

 

 

 

 

 

 

 

 

 

Balance at August 2, 2025

 

$

(14,241

)

 

$

(1,443

)

 

$

(15,684

)

Other comprehensive income, net (1)

 

 

80

 

 

 

201

 

 

 

281

 

Balance at November 1, 2025

 

$

(14,161

)

 

$

(1,242

)

 

$

(15,403

)

Three months ended November 2, 2024:

 

 

 

 

 

 

 

 

 

Balance at August 3, 2024

 

$

(16,858

)

 

$

(1,986

)

 

$

(18,844

)

Other comprehensive loss, net (1)

 

 

(100

)

 

 

(241

)

 

$

(341

)

Balance at November 2, 2024

 

$

(16,958

)

 

$

(2,227

)

 

$

(19,185

)

 

 

 

Foreign currency
translation
adjustments (3)

 

 

Net change in fair value of marketable debt securities

 

 

Accumulated other comprehensive losses

 

Nine months ended November 1, 2025:

 

 

 

 

 

 

 

 

 

Balance at February 1, 2025

 

$

(21,735

)

 

$

(2,043

)

 

$

(23,778

)

Other comprehensive income, net (2)

 

 

7,574

 

 

 

801

 

 

 

8,375

 

Balance at November 1, 2025

 

$

(14,161

)

 

$

(1,242

)

 

$

(15,403

)

Nine months ended November 2, 2024:

 

 

 

 

 

 

 

 

 

Balance at February 3, 2024

 

$

(16,146

)

 

$

(2,881

)

 

$

(19,027

)

Other comprehensive (loss) income, net (2)

 

 

(812

)

 

 

654

 

 

$

(158

)

Balance at November 2, 2024

 

$

(16,958

)

 

$

(2,227

)

 

$

(19,185

)

 

(1)
Other comprehensive income before reclassifications was $0.2 million, net of taxes for net unrealized gains on marketable securities for the three months ended November 1, 2025. Other comprehensive expense before reclassifications was $0.2 million, net of taxes for net unrealized losses on marketable for the three months ended November 2, 2024. There were no net unrealized losses, net of taxes, reclassified from accumulated other comprehensive loss for the three months ended November 1, 2025 and November 2, 2024, respectively.
(2)
Other comprehensive income before reclassifications was $0.7 million, net of taxes for net unrealized gains on marketable securities for the nine months ended November 1, 2025. Other comprehensive income before reclassifications was $0.6 million,
net of taxes for net unrealized gains on marketable securities for the nine months ended November 2, 2024. Net unrealized losses, net of taxes, reclassified from accumulated other comprehensive loss were less than $0.1 million for the nine months ended November 1, 2025. There were no net unrealized losses, net of taxes, reclassified from accumulated other comprehensive loss for the nine months ended November 2, 2024.
(3)
Foreign currency translation adjustments are not adjusted for income taxes as they relate to permanent investments in our international subsidiaries.