All Zumiez articles
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ArticleCoDi believes inventory will become tailwind in 2024
After a difficult 2023, where inventory destocking negatively impacted results at its four outdoor-related businesses, Compass Diversified (CoDi) is banking on a “much higher level of growth” for many of its consumer businesses this year. Additionally, the group, which has eyes on more companies and brands in its portfolio, says ...
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News briefsNew Blue Tomato retail store is the first in the country
Austrian board sports and lifestyle specialist Blue Tomato has opened its first store in Belgium. The 240 sqm shop is located in the center of Antwerp, on the historic Wiegstraat. Source: Blue Tomato The new Blue Tomato store in Belgium Of the decision to open a ...
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ArticleOutdoor and bike industry stocks rose by 3.0% in Q4
Our quarterly analysis of the outdoor stock market shows a 3.0 percent sequential increase in the average stock prices of 32 public companies primarily involved in the outdoor and bicycle sectors between Sept. 30 and Dec. 31, 2021. This came after increases for most of the same companies of 18.9 ...
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News briefsBlue Tomato expands cooperation with POW
Austrian boardsports and lifestyle retailer Blue Tomato is expanding its cooperation with the global environmental protection organization Protect Our Winters (POW), established around 15 years ago by U.S. pro snowboarder Jeremy Jones, and is now also the official merchandise partner of POW Europe. When POW products are purchased through the ...
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News briefsBlue Tomato expands to Norway
Source: blue-tomato.com The new Blue Tomato store at Grensen 13 in downtown Oslo. Blue Tomato has opened its first store in Norway. The Austrian company, which is part of the U.S. action sports retailer Zumiez, moved into a 425-square-meter store at Grensen 13 in the heart of ...
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News briefsZumiez Q3 income beats estimates
Beating all estimates, Zumiez reported a solid 5.5 percent increase in net income to $30.7 million for its third quarter ended Oct. 30 on 6.8 percent higher revenues of $289.4 million. The international action sports retailer’s sales were 9.6 percent higher than in the comparable quarter of 2019 when the ...
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ArticleZumiez sales more than doubled
In its Q1 ended May 1, Zumiez, the U.S. action sports retailer whose assets include Blue Tomato in Europe, beat financial analysts’ forecasts, increasing its global sales 102.6 percent to $279.1 million. This resulted in a net profit of $26.4 million for the quarter, compared to a net loss of ...
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News briefsBlue Tomato hit hard by store closures
Blue Tomato was hit hard by Covid-19-related store closures in Europe in the 10 weeks leading up to Jan. 9, according to its U.S.-based parent Zumiez. However, the group’s Australian action sports retail chain, Fast Times, performed “extremely well.” Bottom line, the group’s international sales declined 6.7 percent in dollars ...
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ArticleZumiez posts good results in Q3 thanks to Blue Tomato and Fast Times
Zumiez, the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, performed well in the third fiscal quarter ended on Oct. 31, thanks to a good performance outside its core North American market. Its net income soared by 51.5 percent from the year-ago quarter ...
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ArticleTriple-digit growth in Zumiez' profits
Zumiez, the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, bounced back in the second fiscal quarter ended on Aug.1, after a difficult start of the year due to retail lockdowns. Its net income soared by 181 percent to $25.4 million, on revenues ...
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News briefsBlue Tomato to open 50th physical store
Source: blue-tomato.com Blue Tomato, the Austrian-based action sports retailer, will open its 50th store on March 12. The new store, covering 400 square meters, will be located in Ulm in Southern Germany. Blue Tomato opened its first store in Finland in October last year and another store ...
