On April 26, teen apparel retailer Charlotte Russe
- Revenue increased 4.8% to $161.1 million, and comparable stores carried the entire burden.
- Operating income decreased to $5.6 million from $9.1 million, as the prior year's quarter benefited from a change in gift card accounting from inclusion of sales from the post-Christmas week.
- Charlotte Russe forecasts a low-single-digit comparable-store sales increase and EPS in the range of $0.41 to $0.44 for the third-quarter 2007.
- The company has a three-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$161.1 |
$153.7 |
4.8% |
|
Net Profit* |
$3.8 |
$5.5 |
(30.2%) |
|
EPS* |
$0.15 |
$0.22 |
(31.8%) |
|
Diluted Shares |
25.6 |
24.6 |
3.7% |
Get back to basics with the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
25.0% |
25.7% |
(0.7) |
|
Operating Margin |
2.6% |
5.6% |
(3.0) |
|
Net Margin |
2.4% |
3.6% |
(1.2) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$98.2 |
$52.6 |
86.8% |
|
Inventory |
$44.3 |
$48.3 |
(8.3%) |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$32.7 |
$27.9 |
17.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
Asking an investor to wait for the cash flow statement is like asking a teenager to clean her room: It's no fun.
Free cash flow is a Fool's best friend.
Related Foolishness:
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.
