On April 11, clothing retailer Christopher & Banks
- Sales increased by 5.8%; however, same-store sales declined by 7%.
- The gross margin declined 6.7% as the company used aggressive discounting to clear out fall and winter inventory to make room for new stuff in the spring.
- Management expects diluted earnings in the range of $0.30 to $0.31 for the first quarter of fiscal 2008.
- Christopher & Banks has a three-star rating in Motley Fool CAPS, while competitor Chico's
(NYSE:CHS) has a four-star ranking. If you have opinions on these or other companies, we'd love for you to bring them to CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$134.0 |
$126.6 |
5.8% |
|
Net Profit |
$1.9 |
$6.7 |
(71.1%) |
|
EPS |
$0.05 |
$0.18 |
(72.2%) |
|
Diluted Shares |
37.3 |
36.4 |
2.6% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
33.9% |
40.6% |
(6.7) |
|
Operating Margin |
1.3% |
8.0% |
(6.7) |
|
Net Margin |
1.4% |
5.3% |
(3.8) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$102.3 |
$92.4 |
10.7% |
|
Inventory |
$52.4 |
$37.9 |
38.2% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$16.3 |
$9.9 |
65.3% |
Learn the ways of the balance sheet.
Cash Flow Highlights
The company did not include a cash flow statement in its release. Don't worry, the info will be in the upcoming 10-K.
Related Foolishness:
You can check out any of the Fool's newsletters with 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.
