Zumiez Company profile
About Zumiez Inc.
Zumiez Inc. is a specialty retailer of apparel, footwear, accessories and hard goods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times. It operates e-commerce Websites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au. The Company operates approximately 739 stores, which includes over 604 in the United States (U.S.), approximately 52 in Canada, over 66 in Europe and approximately 17 in Australia. It owns approximately 356,000 square feet of land in Lynnwood. The Company owns over 168,450 square foot building in Corona, California that serves as its domestic warehouse and distribution center. Its subsidiaries include Zumiez Nevada, LLC, ZIC, LLC, ZIC II, LLC, Zumiez International, LLC, Zumiez Services Inc., Zumiez Distribution LLC, Zumiez Canada Holdings Inc., Zumiez Europe Holding GmbH, Blue Tomato Schweiz GmbH and Blue Tomato GmbH.
Financial summary
BRIEF: For the fiscal year ended 29 January 2022, Zumiez Inc. revenues increased 20% to $1.18B. Net income increased 56% to $119.3M. Revenues reflect Men's Apparel segment increase of 32% to $509.1M, United States segment increase of 20% to $978.4M, Retail Sales-US increase of 20% to $978.4M. Net income benefited from Merchandise Margins, Total -% increase of 9% to 38.6%, Depreciation in SGA decrease of 9% to $20.2M (expense).
Equity composition
Common Stock no par, 04/11, 50M auth., 30,989,173 issd. Insiders own 28.57%. IPO: 5/06/05, 3,125,000 shares @ $18 pershare by Wachovia Capital Markets, LLC. 04/06, 2-for-1 stock split.
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