GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zumiez Inc (NAS:ZUMZ) » Definitions » Preferred Stock

Zumiez (Zumiez) Preferred Stock : $0.0 Mil (As of Jan. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Zumiez Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Zumiez's preferred stock for the quarter that ended in Jan. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Zumiez's Enterprise Value for the quarter that ended in Jan. 2024 was $328.8 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Zumiez's Book Value per Share for the quarter that ended in Jan. 2024 was $17.81.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Zumiez's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $-1.73.


Zumiez Preferred Stock Historical Data

The historical data trend for Zumiez's Preferred Stock 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 Preferred Stock Chart

Zumiez Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zumiez Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Preferred Stock Get a 7-Day Free Trial 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 - - - - -

Zumiez Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Zumiez  (NAS:ZUMZ) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Zumiez's Enterprise Value for the quarter that ended in Jan. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Zumiez's Book Value per Share for the quarter that ended in Jan. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Zumiez's Earnings per Share (Diluted) (EPS) for the three months ended in Jan. 2024 is calculated as

* 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.


Zumiez Preferred Stock Related Terms

Thank you for viewing the detailed overview of Zumiez's Preferred Stock provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Zumiez (Zumiez) Headlines

From GuruFocus

Zumiez Inc. to Report Fiscal 2023 First Quarter Results

By sperokesalga sperokesalga 05-18-2023

Zumiez Inc. to Report Fiscal 2022 First Quarter Results

By GuruFocusNews GuruFocusNews 06-08-2022

Zumiez Inc. to Report Third Quarter 2021 Results on December 2, 2021

By GuruFocusNews GuruFocusNews 11-18-2021

Zumiez Stock Is Estimated To Be Significantly Overvalued

By GF Value GF Value 04-16-2021

Zumiez Inc. Reports Holiday 2022 Sales Results

By Stock market mentor Stock market mentor 01-09-2023

Zumiez Inc. to Report Fiscal 2022 First Quarter Results

By GuruFocusNews GuruFocusNews 06-28-2022