Zumiez Inc 8-K

What Happened

• Zumiez Inc. filed an 8-K (Dec 22, 2025) reporting an amendment to its Credit Agreement with PNC Bank. The original Credit Agreement (dated Dec 20, 2024) provided a $25 million revolving credit facility for general corporate purposes and was secured by cash and marketable securities held in an account monitored by the bank.
• On Dec 17, 2025 the Borrowers executed an Amendment to Loan Documents that extends the Credit Facility’s maturity from the prior scheduled date into a new maturity date of Dec 23, 2027 and adds Zumiez Services Inc. and Zumiez Canada Holdings Inc. as additional borrowers.

Key Details

• Credit Facility size: $25.0 million (revolving).
• Amendment effective date: Dec 17, 2025; Form 8-K filed: Dec 22, 2025.
• New maturity date: Dec 23, 2027 (previously scheduled Dec 20, 2025 under the original agreement).
• Additional borrowers added: Zumiez Services Inc. and Zumiez Canada Holdings Inc.; facility is secured by cash and marketable securities in a bank-controlled account.
• The Amendment is attached to the 8-K as Exhibit 10.38 (summary in the filing is qualified by the full amendment text).

Why It Matters

• The amendment preserves Zumiez’s access to a $25M revolver for general corporate purposes through late 2027, supporting near- to medium-term liquidity and working capital flexibility.
• Adding subsidiaries as borrowers broadens the scope of parties obligated under the credit agreement and may affect consolidated borrowing arrangements and collateral coverage.
• Investors should view this as a formal extension of financing availability rather than a new draw or change in facility size; the full amendment text (Exhibit 10.38) contains the definitive terms.