Josh Arnold
Long/short equity

Zumiez: Terrific Retailer Worth Adding On A Pullback

Zumiez Inc. (NASDAQ:ZUMZ) operates as a specialty action sports retailer offering apparel, footwear, accessories and related equipment in the US, Canada and Europe. The company's merchandise assortment is focused on surfing, motocross, snowboarding and skateboarding including selling the associated hardgoods for those sports. The company operates just over 500 total stores including 20+ in Canada and a handful in Europe from its Blue Tomato acquisition last July in addition to Blue Tomato's legacy e-commerce site and Zumiez' e-commerce site. The company's shares have endured a wild ride in the past 12 months after being halved in the second half of last year. Since then, shares have rebounded significantly but are still materially below the highs of last summer....

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