On Jan. 25, Tempur-Pedic International
- Net sales rose 19% to $256.6 million because of increases in domestic and international retail sales. The furniture and bedding retail channels were especially strong, with 39% growth.
- Free cash flow increased to $128.6 million, with 62.2% higher cash flow from operations and a 56.2% decline in capital expenditure.
- Management expects net sales to increase 10% to 13% to the $1.04 billion to $1.07 billion range for 2006 and for earnings to be in the range of $1.50 to $1.54 per share for fiscal 2007.
- TPX is rated a four-star stock in Motley Fool CAPS. Join for free today to add your opinion.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$256.6 |
$215.6 |
19.0% |
|
Net Profit |
$30.5 |
$30.4 |
0.3% |
|
EPS |
$0.36 |
$0.30 |
20.0% |
|
Diluted Shares |
85.7 |
99.6 |
(14.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
49.4% |
50.4% |
(1.0) |
|
Operating Margin |
23.9% |
25.2% |
(1.3) |
|
Net Margin |
11.9% |
14.1% |
(2.2) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$15.8 |
$17.9 |
(11.6%) |
|
Accounts Rec. |
$142.1 |
$111.7 |
27.1% |
|
Inventory |
$61.7 |
$81.1 |
(23.8%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$48.3 |
$33.6 |
43.6% |
|
Long-Term Debt |
$341.6 |
$313.7 |
8.9% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$165.8 |
$102.2 |
62.2% |
|
Capital Expenditures |
$37.2 |
$84.9 |
(56.2%) |
|
Free Cash Flow |
$128.6 |
$17.4 |
640.5% |
Find out why Fools always follow the money.
Related Companies:
-
Sealy
(NYSE:ZZ) -
Jacuzzi Brands
(NYSE:JJZ) -
Select Comfort
(NASDAQ:SCSS) -
Furniture Brands International
(NYSE:FBN)
Related Foolishness:
- The Best Small Cap for 2007: Tempur-Pedic
- A Dreamy Quarter for Tempur-Pedic
- Select Comfort's Air Ball
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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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
