Zumiez, Inc. (ZUMZ)
The Company is a retailer of action sports related apparel, footwear, equipment and accessories operating under the Zumiez brand name.
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I was walking through the mall with my Girlfriend yesterday, and was talking about clothing retail stocks. When I passed by the store Zumiez, i went inside for a quick look. The store was empty, while aeropostale, and abercombie next door were loaded with Teens. Not only is the name stupid, but the clothes in there sucked. I then told her, wow i wish this company had a stock so i could short it.
Well guess what??? they do have a stock and I'm shorting the hell out of it on Caps, and Real life...
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The general trend of economy will drag the apparel market which will be suffering until the economy shows a solid sign of rebound as hopefully the current administration will no longer is in control. So America will be free Again.
Amen
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all the emo kids have jumped in there little 'holes' for the summer.
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Still haven't accelerated and have struggled mightly the past few months. This trend will continue.
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Not a particularly strong market as designers are doted on a whim by whomever is popular at the time or whomever has the best advertising. Overpricing and overstocking within the marketplace can drop the bottom out from under your shorts, shoes....
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down $9 to $29
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If they are counting on a good Christmas season then these guys are going to hell in hand basket. All retailers are doing to be down this season including these guys.
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Echo the other underperformers out there, but now P/E is 71. A dangerous high for an esxtablished brand to be expected to maintain, and I think the rapid growth stage is already over for ZUMZ.
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I'm waiting for the first lawsuit.
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Too expensive. Sell into the season.
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ill short this all the way to 20. teen retailing is cut-throat. ZUMZ was "in" over the summer. will it be "in" in a year? dont think. short short short!
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This company has abandoned relationships with existing vendors that they admit have been exemplary. This displays an arrogance and carelesness on the part of management. I am very concerned about the results of the decisions they will make going forward.
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ZUMZ is too expensive even at todays uner $22 price. Margin of safety will be there if it ever hits about $18.
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falling knife

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