On March 8, Big 5 Sporting Goods
- Revenue increased 7.1% to $234.5 million, led by a 4.2% rise in same-store sales. This represents the 44th consecutive quarter of positive same- store-sales comparisons.
- Gross margins improved by a healthy 150 basis points, primarily driven by an increase in product selling margins and a reduction in inventory reserve provisions.
- The company expects earnings per share in the range of $1.47-1.57 for the year and $0.30-0.33 in the next quarter.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$234.5 |
$218.9 |
7.1% |
|
Net Profit |
$9.6 |
$7.7 |
24.5% |
|
EPS |
$0.42 |
$0.34 |
23.5% |
|
Diluted Shares |
22.8 |
22.8 |
0.0% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
35.4% |
34.0% |
1.4 |
|
Operating Margin |
7.7% |
6.7% |
1.0 |
|
Net Margin |
4.1% |
3.5% |
0.6 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$5.1 |
$6.1 |
(15.0%) |
|
Inventory |
$228.7 |
$223.2 |
2.4% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$96.1 |
$90.7 |
6.0% |
|
Long-Term Debt |
$77.1 |
$88.8 |
(13.2%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
No data available.
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: No High Five for Big 5
- Foolish Forecast: Cabela's Is Catching On
- Cabela's Takes Aim on Growth
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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.
