Zumiez Inc.
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ROIC.AI
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- Zumiez Inc. (ZUMZ) operates as a specialty retailer of action sports-related apparel, footwear, accessories and hardgoods targeting young men and women aged 12 to 24. The company offers branded apparel including t-shirts, hoodies, jackets and pants reflecting trends in streetwear, skate and snow culture; footwear such as skate shoes, sneakers, boots and sandals from popular brands emphasizing athletic performance and fashion; accessories comprising hats, backpacks, wallets, belts, jewelry and sunglasses featuring logos and unique designs; and hardgoods like skateboards, snowboards, bindings, components and related equipment for action sports participation. Zumiez markets these products through physical stores and e-commerce sites including zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au, operating under the Zumiez, Blue Tomato and Fast Times brands with approximately 751 locations across North America, Europe and Australia. Founded in 1978 by Thomas Campion and Gary Haakenson with its first store in Seattle, Washington, the company is headquartered in Lynnwood, Washington. Recent developments include the launch of over 150 new brands in fiscal 2023 and more than 120 in fiscal 2024 to drive sales and resonate with customers; growth in private label offerings to 23% of total sales in fiscal 2023; store portfolio optimization by closing 33 underperforming locations in fiscal 2024 and planning to shutter 20 more while opening nine new stores in fiscal 2025 with up to six in North America, two in Europe and one in Australia; and increased institutional ownership through Vanguard Group Inc's acquisition of shares in September 2024 and BlackRock Inc's additional purchase in December 2024.
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