Zumiez Still Growing: Fool by Numbers (ZUMZ)

Zumiez Still Growing: Fool by Numbers

By Motley Fool Contributors | More Articles
November 16, 2006 | Comments (0)

On Nov. 15, Zumiez (Nasdaq: ZUMZ ) , which sells sports apparel and equipment, released third-quarter earnings for the period ended Oct. 28.

Revenues increased 43.3% to $82.2 million, driven by new stores and a 10.7% increase in comparable-store sales.
Unfortunately, net profit moved ahead only 29.3% to $6.8 million.
In fiscal 2007, the company is planning to open 50 new stores, in line with its long-term goal of expanding square footage by 20% to 25% annually.
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(Figures in thousands, except per-share data)

Income Statement Highlights

	Q3 2006	Q3 2005	Change
Sales	$82,258.0	$57,412.0	43.3%
Net Profit	$6,827.0	$5,279.0	29.3%
EPS	$0.24	$0.18	33.3%
Diluted Shares	28,861.9	28,601.8	0.9%

Get back to basics with a look at the income statement.

Margin Checkup

	Q3 2006	Q3 2005	Change*
Gross Margin	36.8%	37.3%	(0.5)
Operating Margin	13.3%	14.3%	(1.0)
Net Margin	8.3%	9.2%	(0.9)

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q3 2006	Q3 2005	Change
Cash + ST Invest.	$19,946.0	$30,101.0	(33.7%)
Accounts Rec.	$5,816.0	$4,558.0	27.6%
Inventory	$56,694.0	$43,597.0	30.0%

Liabilities	Q3 2006	Q3 2005	Change
Accounts Payable	$32,002.0	$30,280.0	5.7%
Long-Term Debt	$0	$0	N/A

Learn the ways of the balance sheet.

Cash Flow Highlights

	YTD 2006	YTD 2005	Change
Cash From Ops.	$3,307.0	$3,351.0	(1.3%)
Capital Expenditures	$14,469.0	$8,554.0	69.1%
Free Cash Flow	($11,162.0)	($5,203.0)	N/A

Find out why Fools always follow the money.

Related Companies

Volcom (Nasdaq: VLCM )
Dick's Sporting Goods (NYSE: DKS )
Sport Chalet (Nasdaq: SPCHB )

Related Foolishness:

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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.

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