On Feb. 28, Dollar Tree
- Sales rose 22% as both traffic and the average transaction size increased.
- Gross margins improved by 40 basis points. Unfortunately, those gains could not be leveraged further down the income statement, as the operating and the net margin fell.
- The company spent about $248 million for share repurchases in fiscal 2006, including $100 million through an accelerated share repurchase in the fourth quarter.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2007 |
Q4 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$1,318.9 |
$1,079.0 |
22.2% |
|
Net Profit |
$97.6 |
$86.5 |
12.8% |
|
EPS |
$0.96 |
$0.81 |
18.5% |
|
Diluted Shares |
101.5 |
106.8 |
(5.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2007 |
Q4 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
35.7% |
35.3% |
0.4 |
|
Operating Margin |
11.8% |
12.7% |
(0.9) |
|
Net Margin |
7.4% |
8.0% |
(0.6) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$306.8 |
$339.8 |
(9.7%) |
|
Inventory |
$605.0 |
$576.5 |
4.9% |
|
Liabilities |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$189.2 |
$135.6 |
39.5% |
|
Long-Term Debt |
$250.0 |
$250.0 |
0.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2007 |
YTD 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$412.8 |
$365.1 |
13.1% |
|
Capital Expenditures |
$175.3 |
$139.2 |
25.9% |
|
Free Cash Flow |
$237.5 |
$225.9 |
5.1% |
Find out why Fools always follow the money.
Related Foolishness:
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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.
