On May 23, Zumiez
- Net sales increased by 44%, including an 11.3% increase in comparable-store sales.
- The company opened 19 new stores in the first quarter. Zumiez expects net square footage expansion of approximately 20% in the second quarter and plans to open 50 new stores in fiscal 2007.
- Zumiez is rated a four-star stock in Motley Fool CAPS. Those bullish on Zumiez also like Volcom
(NASDAQ:VLCM) , giving it a four-star rating as well. What do these ratings means? Come join CAPS and find out!
(Figures in thousands, except per-share data.)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$68,791 |
$47,785 |
44% |
Net Profit |
$1,617 |
$1,109 |
45.8% |
EPS |
$0.06 |
$0.04 |
50% |
Diluted Shares |
29,008.3 |
28,631.9 |
1.3% |
Get back to basics with the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
31.7% |
32% |
(0.2) |
Operating Margin |
3.2% |
3.1% |
0.1 |
Net Margin |
2.4% |
2.3% |
0.0 |
Margins are the earnings engine.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$37,971 |
$38,024 |
(0.1%) |
Accounts Rec. |
$10,980 |
$3,869 |
183.8% |
Inventory |
$50,285 |
$38,095 |
32% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$28,430 |
$21,161 |
34.4% |
The balance sheet reflects the company's health.
Cash Flow Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
($12,743) |
($1,820) |
N/A |
Capital Expenditures |
$6,197 |
$3,546 |
74.8% |
Free Cash Flow |
($18,940) |
($5,366) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
Zumiez is a Motley Fool Hidden Gems recommendation. For more on how small-cap stocks can give your portfolio a big boost, sign up today free for 30-days.
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.