Kenneth Cole Produces: Fool by Numbers

On Nov. 2, Kenneth Cole (NYSE: KCP  ) released third-quarter earnings for the period ended Sept. 30.

  • The third quarter of 2005 included a tax benefit of $0.09 per share related to the American Jobs Creation Act; without it, last year's third quarter EPS would have been $0.44 per diluted share. Excluding that benefit, EPS would have increased by 2%.
  • The company's sales growth was driven by a 11.5% increase in wholesale revenues.
  • Consumer direct revenues for the quarter experienced a same-store sales decline of 10.3% year over year.
  • Kenneth Cole has not yet been rated by Motley Fool CAPS players. Be the first to make your opinion known!

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales

$144

$136

5.8%

Net Profit

$9

$11

(15%)

EPS

$0.45

$0.53

(15.1%)

Diluted Shares

20.5

20.4

0.3%



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

43.41%

44.58%

(1.17)

Operating Margin

9.48%

9.29%

0.19

Net Margin

6.42%

7.99%

(1.57)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q3 2006

Q3 2005

Change

Cash + ST Invest.

$89

$108

(17.2%)

Accounts Rec.

$68

$60

13.6%

Inventory

$54

$56

(3.5%)


Liabilities

Q3 2006

Q3 2005

Change

Accounts Payable

$34

$30

11.3%

Long-Term Debt

$0

$0

N/A



Learn the ways of the balance sheet.

Cash Flow Highlights

Show us the money, Kenneth Cole!

Find out why Fools always follow the money.

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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 checkFool.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.


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