On Jan. 29, Mattel
- Healthy performance of core brands in domestic and international markets drove an increase in worldwide net sales by 14%, with net profits rising to $286.4 million.
- Net margin decreased to 13.6% (in spite of improvements in gross and operating margins) because of a rise in SGA expenses.
- Worldwide gross sales for the Barbie brand were up 3%, while Fisher-Price registered the maximum growth of 16% and fueled strong sales of its Core Fisher-Price and Fisher-Price Friends.
- For more fun and games, see what longtime Fool contributor Rick Munarriz has to say about Mattel here.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$2,108.8 |
$1,842.9 |
14.4% |
|
Net Profit |
$286.4 |
$279.2 |
2.6% |
|
EPS |
$0.75 |
$0.69 |
8.7% |
|
Diluted Shares |
384.0 |
402.5 |
(4.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
48.0% |
47.8% |
0.2 |
|
Operating Margin |
18.4% |
17.5% |
1.0 |
|
Net Margin |
13.6% |
15.2% |
(1.6) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,205.6 |
$997.7 |
20.8% |
|
Accounts Rec. |
$943.8 |
$760.6 |
24.1% |
|
Inventory |
$383.1 |
$376.9 |
1.6% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$1,356.3 |
$1,062.4 |
27.7% |
|
Long-Term Debt |
$635.7 |
$525.0 |
21.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$876.0 |
$467.0 |
87.6% |
Find out why Fools always follow the money.
Related Companies:
-
Hasbro
(NYSE:HAS) -
LeapFrog
(NYSE:LF) -
RC2
(NASDAQ:RCRC) -
JAKKS Pacific
(NASDAQ:JAKK) -
International Game Technology
(NYSE:IGT)
Related Foolishness:
Mattel is a former Motley Fool Inside Value recommendation. Hasbro is a Motley Fool Stock Advisor selection.
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.
