by The Editors on March 2, 2008
According to BusinessWire:
Zumiez Inc. (NASDAQ:ZUMZ) today announced that the Company’s conference call to discuss fourth quarter fiscal 2007 financial results will be broadcast live over the Internet on Thursday, March 13, 2008 at 5:00 p.m. Eastern Time and may be accessed at http://ir.zumiez.com. To listen to the webcast, please go to the website at least 15 minutes prior to the start time to register and download any necessary software.
[Link: BusinessWire]
by The Editors on January 31, 2008
Rudy Giuliani’s final stump stop inside Cocoa Beach’s giant Ron Jon surf shop was not enough to help him pull Florida. We’re not really sure why Ron Jon would host Giuliani, but we guess it’s a wonderful way to associate your brand with a loser.
[Link: Baltimore Sun]
by The Editors on January 14, 2008
Every year Zumiez has big part for all the people who moved more than 100k in product. This year’s party was held at Keystone, Colorado and the winner sold $600k in gear. Her name is Jennifer Huynh. She got buried in prizes handed out by two-thirds of the boarding trifecta: Kelly Slater and Tony Hawk. If only someone at T-Dub could have mentioned what shop she was from. Follow the link for all the photos.
[Link: TransWorld Snowboarding]
by The Editors on January 7, 2008
Shares of Zumiez fell 13 percent to a new year low when the retailer “slashed its fiscal 2007 outlook after it posted holiday sales below its expectations.
Shares of the online and mall-based retailer have slumped nearly 65 percent since their October 2007 highs, as concerns about warm weather hurting winter sales worried investors. . . “Although holiday sales were positive, we did not experience the across the board strength that we had planned for,” Zumiez Chief Executive Officer Rick Brooks said in a statement.
[Link: Reuters]
by The Editors on November 27, 2007
Dick’s Sporting Goods has now purchased Chick’s Sporting Goods, the formerly family run retailer with 14 stores in California, according to The Motley Fool.
The $71 million deal for Chick’s is not important for its size. The $100 million in revenue Chick’s realizes in annual sales pales in comparison to the $3.1 billion Dick’s reaped during its last fiscal year. Rather, it’s a warning to other sporting goods retailers: Dick’s is putting its imprimatur on the market nationwide.
[Link: The Motley Fool]
by The Editors on September 11, 2007
Yep. If you’re a snowboard shop in Chicago and you sell Burton product get ready to be put in the submission hold until you tap out. Burton will do retail better than you do. Don’t say you weren’t warned.
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by The Editors on August 23, 2007
Zumiez, Inc. shares are down today after a Piper Jaffray downgraded their rating from “outperform” to “market perform.”
Shares of Zumiez (nasdaq: ZUMZ – news – people ) declined $1.40, or 2.9 percent, to $46.49 in premarket trading. A Piper Jaffray (nyse: PJC – news – people ) analyst cut the stock’s rating to “Market Perform” from “Outperform,” saying shares are fairly valued.
This is in spite of the fact that Zumiez reported higher than expected profits and sales in the second quarter. Zumiez stock is up 96 percent in the past 52 weeks. Not bad if you’re in it.
[Link: Forbes]
by The Editors on August 22, 2007
Investors Business Daily is big on Zumiez the day before they announce their quarterly earnings:
But when Zumiez reports fiscal 2007 second-quarter results Wednesday, watchers expect it to shine. July’s strong same-store sales followed a 13.7% gain in June’s same-store sales and an 11.2% rise in May. Total July sales were up 42.4% from the prior year. June’s rose 48.8%, and May’s gained 51.6%
Get all the details by clicking the link.
[Link: Investors Business Daily]
by The Editors on August 21, 2007
Burton has planted it’s first major flag in the retain landscape of Southern California as a further reminder that Jake is coming after the action sports industry with all guns blazing.
“Bringing our snow, surf and skate brands under one roof is challenging, but at the same time it feels right,” says Jake Burton, Founder and Chairman of Burton Snowboards. “Our family of brands have different messages, but their roots are all connected through the spirit of boardsports. Our intention is to capture that spirit and invite riders, skaters and surfers to come experience it.”
And we agree. No one will ever handle their brands better than they do. Apple is a prime example. Follow the link for the full release.
[click to continue…]
by The Editors on July 20, 2007
John Van Hazinga, 29, the owner of Burlington, Vermont’s Ridin’ High Skate Shop has been in a coma for the last week after suffering a head injury while downhilling near Smuggler’s Notch.
During a run, Van Hazinga’s board wobbled, causing him to flip in the air. Van Hazinga, who was wearing a helmet, protective gloves and knee and elbow pads at the time, crashed onto the pavement and sustained serious head trauma.
The local skate community has wholly supported the Van Hazinga’s family since the accident. Our thoughts are with his family and friends.
[Link: BurlingtonFreePress.com]
