On Feb. 22, arts-and-crafts retailer A.C. Moore
- Sales increased by 5.2% as a 3% decline in same-store sales offset an increase in the number of new stores.
- Gross margin declined 220 basis points as management made a choice to clear out old inventory using heavy discounting.
- A mere 15 people have shared their opinion on this stock in our community-intelligence database, Motley Fool CAPS. It may be a boring industry, but we still want your opinion. Bring it to CAPS!
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$197.8 |
$188.0 |
5.2% |
|
Net Profit |
$6.6 |
$10.7 |
(38.6%) |
|
EPS |
$0.33 |
$0.53 |
(37.7%) |
|
Diluted Shares |
20.2 |
20.1 |
0.4% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
36.3% |
38.5% |
(2.2) |
|
Operating Margin |
5.8% |
9.2% |
(3.4) |
|
Net Margin |
3.3% |
5.7% |
(2.4) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Investments |
$76.1 |
$63.0 |
20.9% |
|
Inventory |
$146.8 |
$152.6 |
(3.9%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$48.7 |
$46.4 |
4.9% |
|
Long-Term Debt |
$21.6 |
$24.2 |
(10.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Maybe the cash flow statement is still in the frame department. Management will have it ready for the 10-K.
Find out why Fools always follow the money.
Related Foolishness:
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