On Wednesday, Rule Breakers selection Under Armour
- Per-share earnings fell short of estimates by a penny, leading to a sell-off today. The shares are down more than 6% as of this writing.
- I'm not sure that's justified. Sales growth outpaced gains in both receivables and inventory. Cash on hand, meanwhile, is up by more than 12%.
- What's more, the new shoe business seems to be doing well. Footwear accounted for roughly 6% of revenue during the quarter.
(Figures in thousands, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$135,283 |
$87,303 |
55.0% |
Net Profit |
$11,851 |
$6,994 |
69.4% |
EPS |
$0.24 |
$0.08 |
200.0% |
Diluted Shares |
49,814 |
44,083 |
13.0% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
50.57% |
48.68% |
1.89 |
Operating Margin |
13.12% |
14.73% |
(1.61) |
Net Margin |
8.76% |
8.01% |
0.75 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$70,655 |
$62,977 |
12.2% |
Accounts Rec. |
$71,867 |
$53,132 |
35.3% |
Inventory |
$81,031 |
$53,607 |
51.2% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$68,121 |
$43,864 |
55.3% |
Total Debt |
$6,257 |
$8,391 |
(25.4%) |
Learn the ways of the balance sheet.
Cash Flow Checkup
No cash flow statement provided. (Lame!)
Find out why Fools always follow the money.
Related Companies:
-
Dick's Sporting Goods
(NYSE:DKS) -
K-Swiss
(NASDAQ:KSWS) -
Nike
(NYSE:NKE)
Related Foolishness:
- Get the Q3 numbers.
- How speedy is Under Armour?
- Is Under Armour good? Or bad? You decide.
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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.
Fool contributor Tim Beyers, ranked 955 out of more than 21,000 in Motley Fool CAPS, didn't own shares in any of the companies mentioned in this article at the time of publication. Get the skinny on all the stocks he owns by checking Tim's Fool profile. The Motley Fool's disclosure policy always adds up.