ZUMZ FY 2019 Earnings Report — Zumiez Inc. Revenue & Financial Results | Market Cap Arena

Zumiez Inc.ZUMZ

FY 2019 Earnings

Reported March 16, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.0B	—	$979M	—	5.7%
Op. Income	$86M	—	$61M	—	40.5%
Gross Margin	35.4%	—	34.3%	—	1.1pp
Net Margin	6.5%	—	4.6%	—	1.8pp
EPS (Diluted)	$2.62	—	$1.79	—	46.4%
Free Cash Flow	$87M	—	$44M	—	96.0%

Revenue Flow

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$668M
GROSS PROFIT	$367M
R&D Expenses	$0
Selling & Marketing	$11M
General & Administrative	$269M
SG&A Expenses	$281M
Other Expenses	$2M
Operating Expenses	$281M
Cost & Expenses	$948M
OPERATING INCOME	$86M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$91M
Income Tax Expense	$24M
Net Income from Continuing Ops	$67M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$67M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$67M
D&A	$25M
EBIT	$91M
EBITDA	$116M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$668M
GROSS PROFIT	$367M
R&D Expenses	$0
Selling & Marketing	$11M
General & Administrative	$269M
SG&A Expenses	$281M
Other Expenses	$2M
Operating Expenses	$281M
Cost & Expenses	$948M
OPERATING INCOME	$86M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$91M
Income Tax Expense	$24M
Net Income from Continuing Ops	$67M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$67M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$67M
D&A	$25M
EBIT	$91M
EBITDA	$116M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$67M
Depreciation & Amortization	$25M
Stock-Based Compensation	$6M
Deferred Income Tax	$899.0K
Other Non-Cash Items	$58M
Change in Working Capital	-$52M
OPERATING CASH FLOW	$106M
Capital Expenditure	-$19M
Acquisitions (Net)	$23M
Purchases of Investments	-$237M
Sales/Maturities of Investments	$153M
Other Investing Activities	-$23M
NET CASH FROM INVESTING	-$103M
Net Debt Issuance	$0
Common Stock Repurchased	-$322.0K
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	$2M
FREE CASH FLOW	$87M
Net Change in Cash	$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$52M
Short-Term Investments	$199M
Net Receivables	$17M
Inventory	$135M
Other Current Assets	$9M
TOTAL CURRENT ASSETS	$413M
PP&E (Net)	$415M
Goodwill	$57M
Intangible Assets	$15M
Long-Term Investments	$8M
Tax Assets	$6M
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$502M
TOTAL ASSETS	$914M
Account Payables	$48M
Short-Term Debt	$62M
Deferred Revenue	$5M
Other Current Liabilities	$17M
TOTAL CURRENT LIABILITIES	$160M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$288M
TOTAL LIABILITIES	$448M
Common Stock	$161M
Additional Paid-In Capital	$0
Retained Earnings	$317M
Treasury Stock	$0
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$466M
Minority Interest	$0
TOTAL EQUITY	$466M
TOTAL LIABILITIES & EQUITY	$914M
Total Debt	$347M
Net Debt	$294M