H.B. Fuller (NYSE:FUL) released earnings for the second quarter of fiscal 2005 on June 21.
- The current-year quarter includes a one-time pretax gain of $4.8 million due to an asset sale and $2.9 million in severance and other reorganization expenses.
- The company raised full-year earnings guidance to between $1.75 and $1.85 per share.
Income Statement Highlights
(Figures in thousands, except per-share data.)
| Avg. Est. | Actual | Prior Year Q | % Change | |
|---|---|---|---|---|
| Sales | $ 395,000 | $ 387,926 | $ 363,063 | +6.8% |
| Net Profit | -- | $ 16,215 | $ 11,172 | +45.1% |
| EPS | $0.41 | $0.56 | $0.39 | +43.6% |
Balance Sheet Highlights
| Assets | Current Q | Prior Year Q | % Change |
|---|---|---|---|
| Cash+ ST Investments | not provided | not provided | N/A |
| Inventory | $ 165,193 | $ 154,255 | +7.1% |
| Accounts Rec. | $ 243,094 | $ 248,961 | -2.4% |
| Liabilities | |||
| Long-Term Debt | $ 137,261 | $ 161,714 | -15.1% |
| Accounts Payable | $ 148,812 | $ 131,779 | +12.9% |
Margin Checkup
| Current Q | Prior Year Q | Change | |
|---|---|---|---|
| Gross Margin | 25.66% | 27.58% | -1.92% |
| Operating Margin | 5.43% | 6.17% | -0.75% |
| Net Margin | 4.18% | 3.08% | +1.10% |
Related companies:
- 3M (NYSE:MMM)
- Imperial Chemicals (NYSE:ICI)
- DuPont (NYSE:DD)
- Dow Chemical (NYSE:DOW)
For related Foolishness:
- Go behind these numbers to see how H.B. Fuller's cooking up chemicalkaizen.
- Boring, steady dividend payers are one Fool's prescription for real wealth-building.
- Is 3M a value at fair value?
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.
At the time of publication, Seth Jayson had positions in no companies mentioned. Fool rules are here.
