On Jan. 11, Stride Rite
- Get the full rundown on Stride Rite's earnings here.
- Net sales for the quarter were up 15% to $151.8 million, while for the full year they were up 20% to $706.8 million.
- Fourth-quarter earnings totaled $628,000, or $0.02 per share, better than the $3.1 million loss the maker of children's shoes reported last year.
- GAAP profits for the full year jumped 40% to $34.3 million, or $0.92 per share. Excluding inventory write-ups and costs related to acquisitions, diluted earnings would have been $1.03 per share for the year.
- Stride Rite has a two-star rating on Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$151,811 |
$131,695 |
15.3% |
|
Net Profit |
$628 |
($3,061) |
N/A |
|
EPS |
$0.02 |
($0.08) |
N/A |
|
Diluted Shares |
37,263 |
37,325 |
(0.2%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
39.06% |
34.21% |
4.85 |
|
Operating Margin |
1.40% |
(3.67%) |
5.07 |
|
Net Margin |
0.41% |
(2.32%) |
2.73 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$17,502 |
$33,094 |
(47.1%) |
|
Accounts Rec. |
$75,263 |
$63,368 |
18.7% |
|
Inventory |
$119,917 |
$116,095 |
3.3% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Long-Term Debt |
$54,200 |
$60,000 |
(9.7%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Stride Rite must have gone out to play, because no cash flow statement was included in the press release.
Find out why Fools always follow the money.
Related Companies:
-
Nike
(NYSE:NKE) -
K-Swiss
(NASDAQ:KSWS) -
Brown Shoe
(NYSE:BWS)
Related Foolishness:
- Stride Rite Is Stepping Right
- Foolish Forecast: Striding Rite Along
- Waiting for a Full Stride
- Taking It in Stride
- Picking Up the Pace at Stride Rite
Stride Rite is a two-star stock in Motley Fool CAPS, our community-intelligence database. To add your two cents or to view the rankings of other companies, try out CAPS!
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, Fool contributor Rich Duprey had no positions in any of the companies mentioned in the article. Fool rules are here.
