Company profile

Ticker
ZUMZ
Exchange
Website
CEO
Richard Miles Brooks
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
911040022

ZUMZ stock data

(
)

Calendar

9 Sep 19
22 Nov 19
1 Feb 20

News

Company financial data Financial data

Quarter (USD) Aug 19 May 19 Feb 19 Nov 18
Revenue 228.43M 212.93M 304.57M 248.8M
Net income 9.03M 793K 29.61M 13.82M
Diluted EPS 0.36 0.03 1.17 0.55
Net profit margin 3.95% 0.37% 9.72% 5.56%
Operating income 11.67M 968K 37.7M 18.39M
Net change in cash 3.23M 8.19M 22.78M -11.77M
Cash on hand 63.85M 60.62M 52.42M 29.64M
Cost of revenue 151.23M 146.46M 190.62M 161.92M
Annual (USD) Feb 19 Jan 17 Jan 16 Jan 15
Revenue 978.62M 836.27M 804.18M 811.55M
Net income 45.21M 25.9M 28.79M 43.19M
Diluted EPS 1.79 1.04 1.04 1.47
Net profit margin 4.62% 3.10% 3.58% 5.32%
Operating income 61.08M 39.74M 46.17M 71.57M
Net change in cash 32.18M -22.92M 22.3M
Cash on hand 52.42M 20.25M 43.16M 20.86M
Cost of revenue 642.68M 561.27M 535.56M 524.47M

Financial data from Zumiez earnings reports

Financial report summary

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Risks
  • Failure to anticipate, identify and respond to changing fashion trends, customer preferences and other fashion-related factors could have a material adverse effect on us.
  • We may be unable to compete favorably in the highly competitive retail industry, and if we lose customers to our competitors, our sales could decrease.
  • Failure to successfully integrate any businesses that we acquire could have an adverse impact on our results of operations and financial performance.
  • Our sales and inventory levels fluctuate on a seasonal basis. Accordingly, our quarterly results of operations are volatile and may fluctuate significantly.
  • Significant fluctuations and volatility in the cost of raw materials, global labor, shipping and other costs related to the production of our merchandise may have a material adverse effect on our business, results of operations and financial conditions.
  • Most of our merchandise is produced by foreign manufacturers; therefore, the availability, quality and costs of our merchandise may be negatively affected by risks associated with international trade and other international conditions.
  • Our business could be adversely affected by increased labor costs, including costs related to an increase in minimum wage and health care.
  • Our business could suffer if a manufacturer fails to use acceptable labor and environmental practices.
  • If we fail to develop and maintain good relationships with vendors, or if a vendor is otherwise unable or unwilling to supply us with adequate quantities of their products at acceptable prices, our business and financial performance could suffer.
  • Our business is susceptible to weather conditions that are out of our control, including the potential risks of unpredictable weather patterns and any weather patterns associated with naturally occurring global climate change, and the resultant unseasonable weather could have a negative impact on our results of operations.
  • Our omni-channel strategy may not have the return we anticipate, which could have an adverse effect on our results of operations.
  • If we lose key executives or are unable to attract and retain the talent required for our business, our financial performance could suffer.
  • A decline in cash flows from operations could have a material adverse effect on our business and growth plans.
  • The terms of our secured credit agreement impose certain restrictions on us that may impair our ability to respond to changing business and economic conditions, which could have a significant adverse impact on our business. Additionally, our business could suffer if our ability to acquire financing is reduced or eliminated.
  • The effects of war, acts of terrorism, threat of terrorism, or other types of mall violence, could adversely affect our business.
  • Our inability or failure to protect our intellectual property or our infringement of other’s intellectual property could have a negative impact on our operating results.
  • Our operations expose us to the risk of litigation, which could lead to significant potential liability and costs that could harm our business, financial condition or results of operations.
  • Failure to comply with federal, state, local or foreign laws and regulations, or changes in these laws and regulations, could have an adverse impact on our results of operations and financial performance.
  • Fluctuations in our tax obligations and effective tax rate may result in volatility in our operating results.
  • We may fail to meet analyst expectations, which could cause the price of our stock to decline.
  • The reduction of total outstanding shares through the execution of a share repurchase program of common stock may increase the risk that a group of shareholders could form a group to become a controlling shareholder.
Management Discussion
  • Net sales were $228.4 million for the three months ended August 3, 2019 compared to $219.0 million for the three months ended August 4, 2018, an increase of $9.4 million or 4.3%.  The increase primarily reflected an increase in comparable sales of $7.9 million and the net addition of 7 stores (made up of 3 new stores in North America, 7 new stores in Europe and 3 new stores in Australia partially offset by 6 store closures in North America) subsequent to August 4, 2018 partially offset by a decrease of $1.2 million due to changes in foreign currency rates. By region, North America sales increased $5.9 million or 2.9% and other international sales (which consists of Europe and Australia sales) increased $3.5 million or 20.2% for the three months ended August 3, 2019 compared to the three months ended August 4, 2018. Excluding the impact of changes in foreign exchange rates, North America sales increased $6.1 million or 3.0% and other international sales increased $4.5 million or 25.8% for the three months ended August 3, 2019 compared to the three months ended August 4, 2018.
Content analysis ?
Positive
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Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
Removed: exclusion