On Feb. 14, apparel maker Guess?
- Net revenue for the quarter increased by 25.2% on excellent results from its European and licensing operations, which saw 87% and 56% revenue growth, respectively.
- Operating margin improved by 480 basis points on reduced cost of sales and SG&A expenses.
- Rising sales and expanding margins are the catalysts for the company. For FY 2008, Guess? expects consolidated revenues between $1.45 billion and $1.5 billion, operating margin of 17%, and EPS in the range of $3.30-$3.40.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$346.4 |
$276.6 |
25.2% |
|
Net Profit |
$45.7 |
$25.8 |
77.1% |
|
EPS |
$0.99 |
$0.57 |
73.7% |
|
Diluted Shares |
46.3 |
45.6 |
1.6% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
46.0% |
42.6% |
3.4 |
|
Operating Margin |
20.5% |
15.7% |
4.8 |
|
Net Margin |
13.2% |
9.3% |
3.9 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$220.3 |
$171.5 |
28.4% |
|
Accounts Rec. |
$133.4 |
$81.8 |
63.2% |
|
Inventory |
$166.1 |
$122.0 |
36.1% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Current Liabilities* |
$249.3 |
$182.2 |
36.8% |
|
Long-Term Debt |
$18.0 |
$53.2 |
(66.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$138.3 |
$149.3 |
(7.4%) |
|
Capital Expenditures |
No Data |
No Data |
N/A |
|
Free Cash Flow |
No Data |
No Data |
N/A |
Find out why Fools always follow the money.
If the company has the totals, it must have the parts. We wish it would give the parts, too.
Related Companies:
-
Gap
(NYSE:GPS) -
Nordstrom
(NYSE:JWN) -
Limited Brands
(NYSE:LTD) -
Abercrombie & Fitch
(NYSE:ANF)
Related Foolishness:
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- Foolish Forecast: Ann Taylor's Threadbare Future
Gap is both a Stock Advisor and an Inside Value recommendation. Limited Brands is an Income Investor recommendation. Free 30-day trials to either newsletter are available by clicking the above links. Really! That's all you have to do!
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