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Video: What is a Stock Split?
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Zumiez Inc. is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. Co. operates under the names Zumiez, Blue Tomato and Fast Times. It operates ecommerce websites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au. It operates over 756 stores: 597 in the U.S., 47 in Canada, 87 in Europe and 25 in Australia. It owns approximately 356,000 square feet of land in Lynnwood, Washington, on which it owns a 63,071 square foot home office. It leases 14,208 square feet of office space in Schladming, Austria for its European home office. According to our ZUMZ split history records, Zumiez has had 1 split. | |
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Zumiez (ZUMZ) has 1 split in our ZUMZ split history database. The split for ZUMZ took place on April 20, 2006. This was a 2 for 1 split, meaning for each share of ZUMZ owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as Zumiez splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ZUMZ split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Zumiez shares, starting with a $10,000 purchase of ZUMZ, presented on a split-history-adjusted basis factoring in the complete ZUMZ split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/27/2015 |
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End date: |
01/23/2025 |
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Start price/share: |
$39.18 |
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End price/share: |
$16.42 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-58.09% |
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Average Annual Total Return: |
-8.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,191.56 |
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Years: |
10.00 |
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Date |
Ratio |
04/20/2006 | 2 for 1 |
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