All Zumiez articles
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ArticleZumiez shifts European strategy, reports FY23 loss on lower sales
Zumiez, the operator of Blue Tomato stores in Europe, is moving forward with a new strategy for the continent that will focus more on “enhancing the productivity of its existing business” across the region and less on aggressive store expansion, given the associated costs of opening new doors. “With ...
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Infographics & DataTop 50 sporting retailers in the world 2022
Download our annual overview of the world’s 50 largest sports retailers, including revenue and growth ranking compared with last year.
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News briefsZumiez updates quarter-to-date sales
Zumiez, the parent of the Blue Tomato retail chain, reported a 4.2 percent increase in international net sales, consisting of revenues generated in Europe and Australia, for the nine weeks ended Dec. 30. However, comparable international sales were down 4.2 percent for the period. Group sales fell by 6.6 percent ...
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News briefsBlue Tomato expands “Rent Your Ride” rental service
Action sports and lifestyle retailer Blue Tomato is expanding its offer to rent selected products such as snowboards, splitboards, boots and bindings. As part of the “Blue Tomato Rent Your Ride” service, customers can obtain advice on the products in several stores in Germany and Austria and then rent them. ...
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News briefsBelgium gets its first Blue Tomato retail store
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. Of the decision to open a store in Belgium, Tillmann Ruprecht, Director of Sales and Service at Blue Tomato, said: “Antwerp, ...
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ArticleZumiez braces for FY loss despite higher Blue Tomato sales
Zumiez is now forecasting a full-year net loss and annual sales to fall more than 8 percent after reporting a net loss of $2.23 million against a profit of $6.9 million in Q3 ended Oct. 28. The operating loss was $157,000 against $10.4 million as gross margin contracted 70 basis ...
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ArticleZumiez encouraged by some brands in Europe, private label growth
Zumiez, despite reporting a Q2 loss of $8.5 million against a profit of 3.1 million and an 11.6 percent drop in revenues to $194.4 million for the period ended July 29, remains encouraged by key elements of its overall business. Those include “a good trend line” heading into Q4, a ...
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Infographics & DataSGI Sporting Goods Scorecard Q1 2023
How did Apparel, Footwear, Equipment and Retail perform in the first quarter of 2023? Our Sporting Goods Industry Scorecard has the answer.
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AnalysisThe top sporting goods industry performers by sales and profit Q1 2023
Our 2023 Q1 Scorecard includes the revenue and profit development of 48 sporting goods companies, as well as the headlines and analysis
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News briefsBlue Tomato enters Italian market
Source: Mattia Caravello (OUTBND SRL) Tiziano Taglianozzi, Shop Manager at the new Trento store Boardsports and lifestyle specialist Blue Tomato, part of U.S. company Zumiez since 2012, has opened its first store in Italy. The omnichannel chain opened a 250-sqm store last week on Via Paolo Oss-Mazzurana ...
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News briefsZumiez Q4 results should meet or exceed forecast
Zumiez, the retail operator of 766 stores worldwide, including 78 Blue Tomato banners across Europe, expects its fourth-quarter sales will be slightly higher than its forecasted range of $258 to $268 million, with corresponding EPS to be at the “mid to high end” of its $0.36 to $0.51 forecasted per ...
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News briefsBlue Tomato opens fourth store in the Netherlands
International boardsports and lifestyle specialist Blue Tomato is expanding its presence in the Netherlands with a fourth store. The company from Austria opened a new store in the “Spaarnestad” Haarlem just in time for the important shopping day Sinterklaas. The new store is located at Grote Houtstraat 96 and covers ...
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AnalysisThe world’s biggest sports retailers 2021
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers worldwide.
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ArticleCurrency, inflation weigh on Zumiez results
Zumiez, the global specialty retailer, which sees Europe, Australia, and Canada as its biggest growth areas, suffered a 74 percent drop in operating income to $10.4 million from $39.8 million for the second quarter that ended Oct. 29. Ebit was $9.6 million versus $41.2 million in the year-ago period as ...
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News briefsBlue Tomato expands in Norway
Blue Tomato has opened a second Norwegian store, after the one in Oslo, in the city of Trondheim. A third is due to follow in Bergen, and there are plans for a store in Rovaniemi, Finland, as well. “Trondheim is located at the center of retail in central Norway and ...
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ArticleSporting goods industry stocks down in Q3
According to SGI Europe’s quarterly study of 40 select sporting goods industry stocks, the drop was less than in Q1 (-16.25%) and Q2 (-14.79%) but marked the third consecutive quarterly decline for the segment. But the results were mixed, as the stock prices of 19 companies – led by Xtep ...
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ArticleZumiez adjusting assortments as customers seek value
Zumiez, the global specialty retailer that operates 70 Blue Tomato stores in Europe, suffered an 85 percent drop in second-quarter operating profit to $5.0 million from $32.0 million for the period ended July 30. Ebit was down by 83 percent to $5.5 million as net income came in 87 percent ...
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News briefsBlue Tomato opens first store in Sweden
Boardsports and streetwear specialist Blue Tomato has chosen Gothenburg for its first Swedish shop. The 260-square-meter retail store is located at Vallgatan 34. Blue Tomato was founded in 1988 by Austrian snowboarder Gerfried Schuller and opened its first store in 1994. Since 2012, the company has been owned by U.S.-based ...
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ArticleZumiez Q1 derailed by tough comparison, higher costs
Operating profit slipped 98.6 percent to $497,000 against $34.3 million for the period ended April 30, as turnover fell 20.9 percent to $220.7 million versus $279.1 million. The retail operator of 741 doors worldwide, including 69 in Europe under the Blue Tomato banner, reported a net loss of $397,000 against ...
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ArticleRatcheting up European store growth, Zumiez sees a path to break-even in the region
Elaborating on its recent strong growth outside North America, Zumiez said it intends to open 14 new stores in various European countries in 2022, including two new markets, to take its door count across the continent to 81 locations. They will be branded as Blue Tomato, the European banner of ...
