On Oct. 31, Rule Breakers selection Under Armour
- EPS of $0.32 included a $0.05 benefit from a state tax credit.
- Footwear accounted for 6% of year-to-date sales.
- Gross margin improved, mainly because of sourcing initiatives.
- Long-term debt was reduced by 87% to $4 million.
- The company believes it will exceed its 20%-25% growth targets in 2007.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$119 |
$128 |
$87 |
47.5% |
|
Net Profit |
-- |
$16 |
$8 |
90.4% |
|
EPS |
$0.25 |
$0.32 |
$0.20 |
60% |
|
Diluted Shares |
-- |
50 |
39 |
26.1% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
50.63% |
49.61% |
1.02 |
|
Operating Margin |
17.21% |
16.72% |
0.49 |
|
Net Margin |
12.50% |
9.68% |
2.82 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$44 |
$0.3 |
Big % |
|
Accounts Rec. |
$90 |
$59 |
52.8% |
|
Inventory |
$75 |
$50 |
49.1% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$61 |
$45 |
35.6% |
|
Long-Term Debt |
$4 |
$27 |
(86.7%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
No data provided. Lame.
Find out why Fools always follow the money.
Related Companies:
-
Nike
(NYSE:NKE) -
K-Swiss
(NASDAQ:KSWS) -
Dick's
(NYSE:DKS)
Related Foolishness:
Under Armour is a Motley Fool Rule Breakers pick. David Gardner and his Foolish band of analysts have unearthed four multibagger stocks in this high-growth investing service. Want to find out what they are? Try the servicefree for 30 days.
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.
