Tasty Brew for Peet's: Fool by Numbers

On Aug. 3, Peet's Coffee and Tea (Nasdaq: PEET  ) released earnings for its 2005 second quarter ended July 3.

  • EPS of $0.18 and sales of $41.7 million both beat estimates, proving the specialty coffee maker's growth strategy is on track.
  • The company maintained full-year guidance of $173 million in revenue and $0.74 in per-stub income.

(Figures in thousands, except per-share data)

Income Statement Highlights(What's this?)

Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$40,600

$41,723

$33,551

+24.4%

Net Profit

--

$2,603

$1,775

+46.6%

EPS

$0.16

$0.18

$0.13

+38.5%



Margin Checkup(What's this?)

Q2 2005

Q2 2004

Change

Gross Margin

54.88%

54.22%

+0.66%

Op. Margin

9.24%

8.10%

+1.15%

Net Margin

6.24%

5.29%

+0.95%



Balance Sheet Highlights(What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash + Invest.*

$62,064

$64,568

-3.9%

Inventory

$18,403

$13,294

+38.4%

Accounts Rec.

$3,782

$3,242

+16.7%



*Includes long-term U.S. government and agency securities

Liabilities

Long-Term Debt

$-

$-

N/A

Accounts Pay.

$3,098

$5,606

-44.7%



Cash Flow Highlights(What's this?)

No cash flow statement provided. (Boo!)

Related companies:

  • Allied Domecq
  • Diedrich Coffee (Nasdaq: DDRX  )
  • Krispy Kreme (NYSE: KKD  )
  • New World Restaurant Group (OTHER OTC: NWRG)
  • Procter & Gamble (NYSE: PG  )
  • Starbucks (Nasdaq: SBUX  )

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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 checkFool.comfor more of our in-depth discussion of what the numbers mean.

Fool contributorTim Beyersdidn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what else is in his portfolio by checking Tim's Fool profilehere.The Motley Fool has an ironcladdisclosure policy.


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