On Dec. 20, Family Dollar (NYSE:FDO) released first-quarter 2007 earnings for the period ending Nov. 30, 2006.
- Revenues rose 5.9% on same-store sales of 0.9% after taking into account new adjustments for prepaid cellular phone services.
- Net income rose 5.8% to $54.4 million, or $0.36 per share, but does not account for any adjustments that may be required following the completion of the company's stock option grants program review.
- Guidance for the full fiscal year has earnings coming in at $1.57 to $1.69 per share, 20% to 30% higher than last year.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2006 |
Q1 2005 |
Change | |
|---|---|---|---|
|
Sales |
$1,600,264 |
$1,511,460 |
5.9% |
|
Net Profit |
$54,371 |
$51,390 |
5.8% |
|
EPS |
$0.36 |
$0.32 |
12.5% |
|
Diluted Shares |
150,961 |
160,470 |
(5.9%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2006 |
Q1 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
34.5% |
33.6% |
0.90 |
|
Operating Margin |
5.7% |
5.5% |
0.22 |
|
Net Margin |
3.4% |
3.4% |
0.00 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$236,435 |
$146,350 |
61.6% |
|
Accounts Rec. |
$0 |
$0 |
N/A |
|
Inventory |
$1,090,266 |
$1,110,790 |
(1.8%) |
|
Liabilities |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$973,851 |
$831,640 |
17.1% |
|
Long-Term Debt |
$250,000 |
$250,000 |
0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Data not included in press release.
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Related Companies:
- Wal-Mart (NYSE:WMT)
- Dollar Tree (NASDAQ:DLTR)
- Dollar General (NYSE:DG)
- 99 Cents Only (NYSE:NDN)
- Target (NYSE:TGT)
Related Foolishness:
- Foolish Forecast: Family Dollar's First Quarter
- Family Dollar's Improving Performance
- Family Dollar Still No Bargain
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.
Family Dollar is a Motley Fool Stock Advisor recommendation, and Dollar Tree and Wal-Mart are Motley Fool Inside Value picks. You can see why with a free trial of either.
At the time of publication, Rich Duprey owned shares of Wal-Mart but did not own any of the other companies mentioned in the article. Fool rules are here.
