On Feb. 28, PetSmart
- Higher net income coupled with share repurchases boosted its EPS by 12%.
- During the fiscal 2006, the company opened 92 new stores, 22 in the fourth quarter.
- For the first quarter of 2007, the company estimates its earnings will be $0.73-$0.74 per share.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$1,166.9 |
$1,050.6 |
11.1% |
|
Net Profit |
$76.9 |
$70.9 |
8.5% |
|
EPS |
$0.56 |
$0.50 |
12.0% |
|
Diluted Shares |
136.9 |
142.1 |
(3.7%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
32.9% |
33.2% |
(0.2) |
|
Operating Margin |
11.0% |
11.6% |
(0.6) |
|
Net Margin |
6.6% |
6.8% |
(0.2) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$168.0 |
$330.3 |
(49.1%) |
|
Accounts Rec. |
$36.5 |
$36.9 |
(1.0%) |
|
Inventory |
$487.4 |
$399.4 |
22.0% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$179.6 |
$155.4 |
15.6% |
|
Long-Term Debt |
$431.3 |
$351.6 |
22.7% |
Learn the ways of the balance sheet.
Cash Flow Highlights
The dog ate the cash flow statement? Could it be possible? Management will find it in time for the 10-K.
Find out why Fools always follow the money.
Related Foolishness:
- Foolish Forecast: PetSmart Fetches Earnings
- Pampered Pets Pave PetSmart's Profitable Path
- Fool on Call: PetSmart's Fetching Future
PetSmart is a Motley Fool Stock Advisor recommendation. To see what other companies David and Tom Gardner have recommended to investors since 2002, click here for a 30-day free trial.
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.
