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Volcom (VLCM)
Clothes for skateboarders and surfer dudes are hot right now, and few companies are riding that wave higher than Volcom Inc. The company was founded by CEO Richard "Wooly" Woolcott and friend Tucker "T-Dawg" Hall during a 1991 road trip to Tahoe. It was capitalized with $5,000 of Woolcott's father's money. Today the company embodies the term "lifestyle brand" by sponsoring surfers, snowboarders, artists, and filmmakers. Volcom also runs its own record label and operates a private skate park at its headquarters. The strategy pays off as sales of Volcom's T-shirts, corduroy pants, and swim trunks have doubled revenues in the past two years, to $160 million. Profits are up by a similar amount, to $29 million.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 863.7 |
| Sales* ($ Millions) | 169.9 |
| Sales Growth (3-yr. avg. annual) |
41.7 % |
| Profits* ($ Millions) | 27.5 |
| Profit Growth (3-yr. avg. annual) | 58.3 % |
| Return on Inv. Capital (3-yr.) | 63.1 % |
| Share Price 12-Mo. Hi/Lo | 41/24 |
| Share Price As of 4/28/06 | 36 |
| Return on Equity | 25.5 % |
| P/E Ratio | 30 |
| No. of Employees | 181 |
| Industry | Apparel, Accessories & Luxury Goods |
| CURRENT MARKET INFO | VLCM > |
| COMPANY WEB SITE > | |
| Location | Costa Mesa, Calif. |
| Phone | 949 646-2175 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Volcom engages in the design, marketing, and distribution of clothing, accessories, and related products in the U.S. and internationally. Its products include T-shirts, fleece, bottoms, tops, jackets, boardshorts, denim, and outerwear. They combine fashion, functionality, and athletic performance primarily for young men and women. The company offers accessories to the boardsports of skateboarding, snowboarding, and surfing. It also offers various other accessories, including hats, wallets, ties, belts, and bags. As of Dec. 31, 2005, Volcom operated one Volcom branded retail store in Los Angeles. It also offers its products online. In addition, the company sells music under its Volcom Entertainment label. It offers its products primarily to retail stores. Volcom was founded by Richard Woolcott and Tucker Hall in 1991. It was formerly known as Stone Boardwear and changed its name to Volcom in 2005. The company is based in Costa Mesa, Calif.
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