Blue tomato

Zumiez Inc. Announces Fiscal 2023 Fourth Quarter Results

Retrieved on: 
Thursday, March 14, 2024
Comparable, Growth, Webcast, Public expenditure, Woman, Blue tomato, Total

Net sales for the fourth quarter ended February 3, 2024 (14 weeks) increased 0.6% to $281.8 million from $280.1 million in the fourth quarter ended January 28, 2023 (13 weeks).

Key Points: 
  • Net sales for the fourth quarter ended February 3, 2024 (14 weeks) increased 0.6% to $281.8 million from $280.1 million in the fourth quarter ended January 28, 2023 (13 weeks).
  • Net loss in the fourth quarter of fiscal 2023 was $33.5 million, or $1.73 per share, compared to net income of $11.4 million, or $0.59 per diluted share, in the fourth quarter of the prior fiscal year.
  • Fiscal 2023 fourth quarter results reflect a goodwill impairment charge of $41.1 million, or $2.13 per share after-tax, related to the Company’s decision to slow store growth and focus on profitability in Europe and the corresponding impact on the future cash flow projections of its Blue Tomato business.
  • Rick Brooks, Chief Executive Officer of Zumiez Inc., stated, “We concluded a difficult year with stronger than anticipated fourth quarter results as our consolidated monthly sales trend accelerated in January.

Donut and Zumiez Announce Exclusive Merchandise Partnership

Retrieved on: 
Thursday, September 21, 2023
Partnership, Love, Holiday, Collection, Hoodie, Donut Media, Blue tomato, Streamy Awards, Online shopping, Doughnut, Zumiez

LOS ANGELES, Sept. 21, 2023 /PRNewswire/ -- Donut Media and Zumiez have entered into a new merchandise partnership .

Key Points: 
  • LOS ANGELES, Sept. 21, 2023 /PRNewswire/ -- Donut Media and Zumiez have entered into a new merchandise partnership .
  • This is the first retail merchandise partner for Donut, which has previously sold its apparel line solely through its online platform.
  • Donut and Zumiez are collaborating to release additional custom merchandise that includes workwear, jackets, and pants in time for the holidays, and new collections will continue to be released seasonally.
  • "For Donut and Zumiez, we see our customer communities overlapping at the intersection of automotive culture and streetwear fashion.

CoachHub Acquires the Coaching Division of Leading Austrian Consulting Company Klaiton

Retrieved on: 
Monday, February 14, 2022
Draper Esprit, CEO, Consultant, Workforce, Acquisition, Blue tomato, Scientific Council for Government Policy, Digital, Organization, Heart, Tutoring, Management

NEW YORK, Feb. 14, 2022 /PRNewswire/ --CoachHub, the global leader in digital coaching, announced its acquisition of the coaching division of Klaiton, a leading Austrian consulting company with a robust online coaching platform.

Key Points: 
  • NEW YORK, Feb. 14, 2022 /PRNewswire/ --CoachHub, the global leader in digital coaching, announced its acquisition of the coaching division of Klaiton, a leading Austrian consulting company with a robust online coaching platform.
  • "Through CoachHub's geographical growth and its development of coaching offerings, our worldwide customers also benefit from improved service and even greater employee development."
  • CoachHub is backed by leading tech investors, including Draper Esprit, Holtzbrinck Ventures, Partech, RTP Global, Signals Venture Capital and Speedinvest.
  • In September 2021, CoachHub acquired French digital coaching pioneer MoovOne to build a global champion focused on jointly democratizing coaching.