On June 5, Guess?
- Sales increased by 42%, primarily because of a 13.6% increase in North American same-store sales and double-digit growth in the international market.
- The operating margin improved by 240 basis points, mainly due to better product margins, significant improvement in the operating margin in the wholesale segment, and the positive impact from business in Europe.
- The company is rated three stars by the Motley Fool CAPS community, while other retail stocks like Abercrombie & Fitch
(NYSE:ANF) and Ann Taylor Stores(NYSE:ANN) are rated lower. To see why, join CAPS for free today. - For more analysis about Guess?'s Q1, see Seth Jayson's Foolish Take.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Sales |
$377.9 |
$265.7 |
42.3% |
|
Net Profit |
$35.5 |
$20.7 |
71.9% |
|
EPS |
$0.38 |
$0.23 |
65.2% |
|
Diluted Shares |
93.2 |
91.6 |
1.8% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2008 |
Q1 2007 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
44.3% |
41.6% |
2.7 |
|
Operating Margin |
15.3% |
12.9% |
2.4 |
|
Net Margin |
9.4% |
7.8% |
1.6 |
*Expressed in percentage points
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$189.4 |
$155.5 |
21.8% |
|
Accounts Rec. |
$206.4 |
$126.0 |
63.8% |
|
Inventory |
$164.5 |
$108.2 |
52.0% |
|
Liabilities |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Long-Term Debt |
$17.8 |
$52.2 |
(65.9%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($11.4) |
($17.7) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
Abercrombie & Fitch is a Stocks 2007 selection. Since 1998, investors like you have used these annual reports from The Motley Fool to break ahead of the market, make more money than the herd, and even clobber the returns of many of Wall Street's money managers.
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.
