On Nov. 14, BJ's Wholesale Club
- BJ's saw its earnings fall by more than 20% after netting out one-time items for Q3 of 2006 and 2005.
- BJ's continued to find its own shares intriguing, repurchasing another one million shares in the quarter. Its weighted average diluted share count is now down 4.6% compared to last year
- Capital expenditures are running at slightly less than double last year's pace, but sales increases aren't yet following suit.
- BJ's Wholesale currently only has one star in Motley Fool CAPS, with 15 total ratings. Of those ratings, 13 community members think BJ's is worthy. To read what they have to say and to rate the stock yourself, sign up for CAPS here.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$2,022,790 |
$1,964,328 |
3% |
|
Net Profit |
$18,343 |
$27,815 |
(34.1%) |
|
EPS |
$0.28 |
$0.41 |
(31.7%) |
|
Diluted Shares |
65,260 |
68,411 |
(4.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
9.89% |
9.94% |
(0.05) |
|
Operating Margin |
1.42% |
2.31% |
(0.89) |
|
Net Margin |
0.91% |
1.42% |
(0.51) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$40,110 |
$90,011 |
(55.4%) |
|
Accounts Rec. |
$92,605 |
$94,847 |
(2.4%) |
|
Inventory |
$931,863 |
$867,655 |
7.4% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$600,247 |
$572,000 |
4.9% |
|
Long-Term Debt |
$2,370 |
$2,855 |
(17%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$76,528 |
$68,294 |
12.1% |
|
Capital Expenditures |
$141,448 |
$78,347 |
80.5% |
|
Free Cash Flow |
($64,920) |
($10,053) |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
Costco
(NASDAQ:COST) -
Wal-Mart
(NYSE:WMT) -
Target
(NYSE:TGT)
Related Foolishness:
Wal-Mart is a Motley Fool Inside Value selection. Costco is a Motley Fool Stock Advisor selection.
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,Nathan Parmelee held shares of Costco and a beneficial interest in shares of Wal-Mart, but had no positions in any of the other companies mentioned. Fool rules are here.
