On Feb. 27, Federated Department Stores
- Sales for the quarter decreased by 4.3% as the company closed 80 stores over the last year. On a positive note, same-store sales rose 6.1%.
- The Board of Directors authorized a $4 billion share repurchase program, which at today's prices represents about 18% of the company's market capitalization.
- One hundred and five of 122 investors think Federated will outperform the market in our community intelligence database, Motley Fool CAPS. Got an opinion? Bring it to CAPS!
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$9,159 |
$9,571 |
(4.3%) |
Net Profit* |
$760 |
$678 |
12.1% |
EPS |
$1.45 |
$1.22 |
18.9% |
Diluted Shares |
523.7 |
554.3 |
(5.5%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
40.8% |
40.6% |
0.2 |
Operating Margin |
13.8% |
12.5% |
1.3 |
Net Margin |
8.3% |
7.1% |
1.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$1,211 |
$248 |
388.3% |
Accounts Rec. |
$517 |
$2,522 |
(79.5%) |
Inventory |
$5,317 |
$5,459 |
(2.6%) |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$4,944 |
$5,246 |
(5.8%) |
Long-Term Debt |
$7,847 |
$8,860 |
(11.4%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
2006 | 2005 | Change | |
---|---|---|---|
Cash From Ops. | $3,692 | $4,145 | (10.9%) |
Capital Expenditures | $1,317 | $568 | 131.9% |
Free Cash Flow | $2,375 | $3,577 | (33.6%) |
Find out why Fools always follow the money.
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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.