On Feb. 27, Motley Fool Income Investor selection H.J. Heinz
- Revenues increased 5% to $2.3 billion, helped by enhanced volume growth, higher pricing, and foreign exchange gains.
- EPS increased 69.2% to $0.66 per diluted share from $0.39 per diluted share in the third quarter of fiscal 2006.
- The company managed to improve its free cash flow by 10.6% to $64.2 million despite increased capital spending.
- Heinz and some other consumer goods producers, such as Kraft Foods
(NYSE:KFT) and ConAgra Foods(NYSE:CAG) , have earned only a one-star rating in the Motley Fool CAPS intelligence database. Tell us what you think about these companies and more.
(Figures in millions, except per-share data)
Income Statement Highlights
Q3 2007 |
Q3 2006 |
Change |
|
---|---|---|---|
Sales |
$2,295.2 |
$2,186.5 |
5.0% |
Net Profit* |
$219.0 |
$133.2 |
64.5% |
EPS |
$0.66 |
$0.39 |
69.2% |
Diluted Shares |
332.5 |
337.8 |
(1.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2007 |
Q3 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
37.1% |
35.7% |
1.4 |
Operating Margin |
16.4% |
14.1% |
2.3 |
Net Margin |
9.5% |
6.1% |
3.5 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
We Fools like it better when companies don't forget the ketchup or the balance sheet information with earnings reports.
Learn the ways of the balance sheet.
Cash Flow Highlights
Q3 2007 |
Q3 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$125.1 |
$109.4 |
14.3% |
Capital Expenditures |
$61.0 |
$51.4 |
18.6% |
Free Cash Flow |
$64.2 |
$58.0 |
10.6% |
Find out why Fools always follow the money.
Related Foolishness:
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.