On May 22, Pep Boys
- Revenue decreased by 1.9%, a result of lower merchandise sales.
- Operating margin increased by 1.6%.
- During the quarter, the company repurchased $50.8 million in common stock, retiring 5% of shares outstanding as of February.
- As of this writing, Pep Boys carries a one-star rating in Motley Fool CAPS. Competitors AutoZone
(NYSE:AZO) and Advance Auto Parts(NYSE:AAP) carry two-star and four-star ratings, respectively.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$546.0 |
$556.6 |
(1.9%) |
|
Net Profit* |
$3.2 |
($0.7) |
N/A |
|
EPS |
$0.06 |
($0.02) |
N/A |
|
Diluted Shares |
53.6 |
54.2 |
(1.1%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
26% |
25% |
1.0 |
|
Operating Margin |
2.9% |
1.3% |
1.6 |
|
Net Margin |
0.6% |
(0.1%) |
0.7 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$30.8 |
$51.7 |
(40.5%) |
|
Accounts Rec. |
$31.3 |
$37.9 |
(17.6%) |
|
Inventory |
$618.8 |
$618.7 |
0% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$232.9 |
$256.7 |
(9.3%) |
|
Long-Term Debt |
$623.8 |
$579.7 |
7.6% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops.* |
($7.7) |
$16.9 |
N/A |
|
Capital Expenditures |
$11.6 |
$5.6 |
106.3% |
|
Free Cash Flow |
($19.3) |
$11.3 |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
AutoZone is a former Motley Fool Inside Value recommendation. A 30-day trial subscription will show you how lead analyst Philip Durell outperforms the market.
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.
