On Aug. 18, New York & Co.
- Sales came in lower than the Street expected, but results were exactly in line with prior guidance, according to Motley Fool Hidden Gems analyst Bill Mann.
- Full-year guidance was raised from $1.18 to $1.24 per diluted share to $1.18 to $1.26 per stub. Roughly $16 million in sales from its recent acquisition of Jasmine will help.
(Figures in thousands, except per-share data)
Income Statement Highlights (What's this?)
|
Avg. Est. |
Q2 2005 |
Q2 2004 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$257,400 |
$254,581 |
$242,824 |
+4.8% |
|
Net Profit |
-- |
$12,250 |
$(8,937) |
N/A |
|
EPS |
$0.21 |
$0.21 |
$(0.20) |
N/A |
Margin Checkup (What's this?)
|
Q2 2005 |
Q2 2004 |
Change |
|
|---|---|---|---|
|
Gross Margin |
32.22% |
33.00% |
-0.78% |
|
Op. Margin |
8.54% |
5.35% |
+3.19% |
|
Net Margin |
4.81% |
-3.68% |
+8.49% |
Balance Sheet Highlights (What's this?)
|
Assets |
Q2 2005 |
Q2 2004 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$57,239 |
$65,881 |
-13.1% |
|
Inventory |
$100,977 |
$80,078 |
+26.1% |
|
Accounts Rec. |
$19,566 |
$15,516 |
+26.1% |
|
Liabilities |
|||
|---|---|---|---|
|
Long-Term Debt |
$75,000 |
$150,000 |
-50.0% |
|
Accounts Pay. |
$66,572 |
$49,012 |
+35.8% |
Cash Flow Highlights (What's this?)
|
Q2 2005 |
Q2 2004 |
% Change |
|
|---|---|---|---|
|
Cash From Ops |
$33,644 |
$16,931 |
+98.7% |
|
Capital Expend. |
$42,772 |
$22,422 |
+90.8% |
|
Free Cash Flow |
$(9,128) |
$(5,491) |
N/A |
Related Companies:
-
Abercrombie & Fitch
(NYSE:ANF) -
Ann Taylor
(NYSE:ANN) -
Chico's FAS
(NYSE:CHS) -
Gap
(NYSE:GPS) -
Limited Brands
(NYSE:LTD) -
Nordstrom
(NYSE:JWN)
For related Foolishness:
- It hasn't been all sunshine and roses in the apparel industry. Just ask the management team at Limited Brands.
- Ann Taylor was looking a little frumpy in the first quarter, too.
New York & Co. is a Motley Fool Hidden Gems pick. Take a risk-free trial today and learn how to crush the market with well-managed small-cap stocks.
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 didn't own stock in any of the companies mentioned in this story at the time of publication. You can find out what is in his portfolio by checking Tim's Fool profile, which is here . The Motley Fool has an ironclad disclosure policy .
