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Zumiez (Zumiez) Gross Profit

: $280.9 Mil (TTM As of Jan. 2024)
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Zumiez's gross profit for the three months ended in Jan. 2024 was $96.7 Mil. Zumiez's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $280.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zumiez's gross profit for the three months ended in Jan. 2024 was $96.7 Mil. Zumiez's Revenue for the three months ended in Jan. 2024 was $281.8 Mil. Therefore, Zumiez's Gross Margin % for the quarter that ended in Jan. 2024 was 34.30%.

Zumiez had a gross margin of 34.30% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Zumiez was 38.58%. The lowest was 32.08%. And the median was 34.11%.

Warning Sign:

Zumiez Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Zumiez Gross Profit Historical Data

The historical data trend for Zumiez's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zumiez Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 366.56 350.02 456.73 324.68 280.89

Zumiez Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.27 49.36 61.68 73.20 96.65

Competitive Comparison

For the Apparel Retail subindustry, Zumiez's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zumiez Gross Profit Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Zumiez's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zumiez's Gross Profit falls into.



Zumiez Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Zumiez's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=875.486 - 594.596
=280.9

Zumiez's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=281.822 - 185.171
=96.7

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $280.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Zumiez's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=96.7 / 281.822
=34.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Zumiez  (NAS:ZUMZ) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Zumiez had a gross margin of 34.30% for the quarter that ended in Jan. 2024 => Competition eroding margins


Zumiez Gross Profit Related Terms

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Zumiez (Zumiez) Business Description

Traded in Other Exchanges
Address
4001 204th Street SW, Lynnwood, WA, USA, 98036
Zumiez Inc is a United-States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hardgoods. The company provides merchandise with cultural elements coming from fashion, music, art and from action sports, streetwear, and other unique lifestyles. The company operates under the brands Zumiez and Blue Tomato, and through both physical stores and websites. Most of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.
Executives
Guy Matthew Harkless director 4001 204TH STREET SW, LYNNWOOD WA 98036
James P. Murphy director 999 LAKE DRIVE, ISSAQUAH WA 98027
Adam Christopher Ellis officer: President International 4001 204TH STREET SW, LYNNWOOD WA 98036
Richard Miles Brooks officer: President and CEO 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Troy R. Brown officer: Ex. V.P. of E-commerce 4001 204TH STREET SW, LYNNWOOD WA 98036
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Chris K. Visser officer: General Counsel & Corp. Sec. 4001 204TH STREET SW, LYNNWOOD WA 98036
Holmes Kalen director 2401 UTAH AVENUE SOUTH, SUITE 800, SEATTLE WA 98134
Thomas D Campion director, officer: Chairman of Board of Directors 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Work Christopher Codington officer: Chief Financial Officer 4001 204TH STREET SW, LYNNWOOD WA 98036
Sarah Gaines Mccoy director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
Scott Andrew Bailey director 4001 204TH STREET SW, LYNNWOOD WA 98036
Matthew L Hyde director C/O REI, 6750 SOUTH 228TH ST., KENT WA 98032
Ernest R Johnson director
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032

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