On March 29, Stock Advisor recommendation Family Dollar Stores
- Comparable-store sales increased 0.4% for the 13-week quarter, helped by an increase in the average customer transaction amount.
- Management expects a 1% to 3% increase in comparable-store sales, with EPS of about $0.39 to $0.43 per share for the third quarter.
- The company opened 170 new stores and closed 24 in the first half of fiscal 2007 and expects to open around 300 stores and close 45 in the full year.
- Family Dollar has earned three out of five stars in our Motley Fool CAPS community intelligence database, outpacing competitor Dollar General
(NYSE:DG) by two stars. Have an opinion on Family Dollar or other stocks? Join CAPS now and let your voice be heard!
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$1,947.4 |
$1,735.7 |
12.2% |
|
Net Profit |
$90.5 |
$54.5 |
66.0% |
|
EPS |
$0.60 |
$0.35 |
71.4% |
|
Diluted Shares |
150.9 |
156.8 |
(3.7%) |
Get back to basics with the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
33.5% |
32.9% |
0.6 |
|
Operating Margin |
7.4% |
5.0% |
2.3 |
|
Net Margin |
4.7% |
3.1% |
1.5 |
*Expressed in percentage points
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$415.6 |
$330.8 |
25.6% |
|
Inventory |
$1,001.4 |
$1,016.5 |
(1.5%) |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$997.9 |
$948.9 |
5.2% |
|
Long-Term Debt |
$250.0 |
$250.0 |
0.0% |
The balance sheet reflects the company's health.
Cash Flow Highlights
We Fools have to wonder why a company with Dollar in its name wouldn't provide a cash flow statement with earnings.
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: Family Dollar Discounts Future
- Dollar General Commands Top Dollar
- Dollar Tree Sprouts Growth
What other stocks are at the top of Tom and David Gardner's list? Be our guest at the Stock Advisor website for 30 days and find out.
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.
