On June 1, Heinz (NYSE:HNZ) released annual earnings for the period ended May 3.

  • Because of restructuring and one-time charges, comparisons are difficult. On a continuing operations basis, earnings per diluted share decreased from $2.21 to $2.10.
  • No balance sheet data and abbreviated cash flow data limit the usability of Heinz's earnings press release.
  • Gross and operating margins continue to decline despite the restructuring.

(Figures in millions, except per-share data)

Income Statement Highlights

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FY 2006

FY 2005







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Margin Checkup

FY 2006

FY 2005


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*Expressed in percentage points.

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Balance Sheet Highlights

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Cash Flow Highlights

FY 2006

FY 2005


Cash From Ops.




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Related Companies:

  • Campbell Soup (NYSE:CPB)
  • ConAgra (NYSE:CAG)
  • Kraft Foods (NYSE:KFT)
  • Tyson Foods (NYSE:TSN)
  • Smithfield Foods (NYSE:SFD)

Related Foolishness:

Heinz and Kraft Foods are Motley Fool Income Investor selections. Take the newsletter dedicated to dividend payers for a 30-day free trial .

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 had a beneficial interest in shares of Heinz but no positions in any of the other companies mentioned. Fool rules are here.