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August 02, 2015 3:55 AM ET

Specialty Retail

Company Overview of The Gymboree Corporation

Company Overview

Gymboree Corp., a specialty retailer in San Francisco, offers apparel, accessories, and play programs for children in the U.S. and Canada. It has four divisions: Gymboree, Gymboree Outlet, Janie and Jack, and Gymboree Play & Music. The Gymboree division operates 575 stores as well as an online store ( Outlet has 42 stores; Janie and Jack, 81, plus; Play & Music develops parent-child play programs and offers classes developed by early-childhood experts, as well developmental toys, books, and music. The division runs three play centers in California and 545 franchisee-operated play centers in the U.S. and worldwide. Gymboree was founded in 1976.

500 Howard Street

San Francisco, CA 94105

United States

Founded in 1976

5,921 Employees





Key Executives for The Gymboree Corporation

Chief Executive Officer and Director
Age: 47
Chief Financial Officer
Age: 42
Chief Sourcing & Production Officer
Age: 62
Vice President and General Counsel
Compensation as of Fiscal Year 2015.

The Gymboree Corporation Key Developments

The Gymboree Corporation Plans to Open Approximately 12 Stores in 2015; Plans to Close Approximately 30 to 40 Stores in 2015; Reports Consolidated Unaudited Earnings Results for the First Quarter Ended May 2, 2015; Provides Earnings Guidance for 2015

During fiscal 2015, The Gymboree Corporation continues to plan to open approximately 12 stores. During fiscal 2015, the company expects to close approximately 30 to 40 stores. The company reported consolidated unaudited earnings results for the first quarter ended May 2, 2015. For the period, the company reported net sales were $276.1 million, compared to $272.0 million in the first quarter of fiscal 2014. Adjusted EBITDA was $15.6 million compared to $22.0 million for the first quarter of fiscal 2014. Adjusted EBITDA is estimated to be negatively impacted by approximately $6 million in the first quarter as a result of the west coast port slowdown and net loss attributable to the company for the quarter was $23 million compared to $13.4 million for the same quarter of fiscal 2014. Capital expenditures were $3.1 million compared with $9.353 million for the same period last year. Loss before income taxes was $20.520 million compared with $14.627 million for the same period last year. Operating income was $0.647 million compared with $6.068 million for the same period last year. Net cash used in operating activities was $2.639 million compared with $14.683 million for the same period last year. For the full year, the company continues to expect adjusted EBITDA to be in the range of $95 million to $105 million, which includes the net impact to adjusted EBITDA of approximately $10 million to $12 million resulting from the west coast port slowdown in the first half of the year. Based on this guidance, the company expects to have sufficient liquidity during fiscal 2015 to service its debt and invest in the business to drive long-term growth. During fiscal 2015, the company continues to anticipate spending approximately $25 million to $30 million for capital expenditures.

The Gymboree Corporation to Report Q1, 2016 Results on Jun 09, 2015

The Gymboree Corporation announced that they will report Q1, 2016 results at 2:00 PM, Pacific Standard Time on Jun 09, 2015

The Gymboree Corporation, Q1 2016 Earnings Call, Jun 09, 2015

The Gymboree Corporation, Q1 2016 Earnings Call, Jun 09, 2015

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