By
Katrina Chan
|
More Articles
January 10, 2007
|
On Jan. 9, WD-40 (Nasdaq: WDFC ) released first-quarter earnings for the 2007 fiscal year for the period ended Nov. 30, 2006.
- Click here to read the full story on WD-40's earnings.
- Although revenue increased 7%, the bottom line fell by 24% because of an increase in marketing investment and internal infrastructure.
- Global sales remain strong, with Europe advancing 29% and the Asia/Pacific region up 23% over last year. An operation in China is slated to be fully operational in March of this year.
- WD-40 is a two-star stock in Motley Fool CAPS. To share your two cents, join CAPS and make your opinion known today.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2007
|
Q1 2006
|
Change
|
|
Sales
|
$71,956
|
$67,215
|
7.1%
|
|
Net Profit
|
$5,694
|
$7,513
|
(24.2%)
|
|
EPS
|
$0.33
|
$0.45
|
(26.7%)
|
|
Diluted Shares
|
17,241
|
16,777
|
2.8%
|
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2007
|
Q1 2006
|
Change*
|
|
Gross Margin
|
47.91%
|
48.08%
|
(0.17)
|
|
Operating Margin
|
13.39%
|
18.57%
|
(5.18)
|
|
Net Margin
|
7.91%
|
11.18%
|
(3.27)
|
*Expressed in percentage points.
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets
|
Q1 2007
|
Q1 2006
|
Change
|
|
Cash + ST Invest.
|
$46,436
|
$34,264
|
35.5%
|
|
Trade Accounts Rec.
|
$40,626
|
$37,349
|
8.8%
|
|
Inventory
|
$15,669
|
$10,211
|
53.5%
|
|
Liabilities
|
Q1 2007
|
Q1 2006
|
Change
|
|
Accounts Payable
|
$15,245
|
$14,049
|
8.5%
|
|
Long-Term Debt*
|
$53,571
|
$64,285
|
(16.7%)
|
*Includes current portion of long-term debt.
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q1 2007
|
Q1 2006
|
Change
|
|
Cash From Ops.
|
$14,298
|
$12,385
|
15.4%
|
|
Capital Expenditures
|
$550
|
$989
|
(44.4%)
|
|
Free Cash Flow
|
$13,748
|
$11,396
|
20.6%
|
Find out why Fools always follow the money.
Related Companies:
- Church & Dwight Company (NYSE: CHD )
- Clorox (NYSE: CLX )
Related Foolishness:
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.
At the time of publication, Katrina Chan had no positions in any company mentioned. Fool rules are here.
RSS Headlines
Fool UK