On Jan. 31, Kraft Foods
- Sales decreased by 3% to $9.4 billion as a result of divestitures and a decline in volumes.
- Company reported EPS of $0.38, excluding the effect of asset impairment, exit, and implementation costs of $0.2 and gains on sale of businesses of $0.06.
- During the quarter, the company paid $313 million to buy back 8.9 million shares, bringing 2006 share repurchases to 38.7 million shares at a total cost of $1.25 billion.
- Kraft is currently rated a one-star stock in the Motley Fool CAPS stock-rating database. Add your opinion to the community by joining the service for free today.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$9,371 |
$9,663 |
(3.0%) |
|
Net Profit |
$624 |
$773 |
(19.3%) |
|
EPS |
$0.38 |
$0.46 |
(17.4%) |
|
Diluted Shares |
1,642 |
1,676 |
(2.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
35.2% |
35.2% |
0.1 |
|
Operating Margin |
10.4% |
12.4% |
(2.0) |
|
Net Margin |
6.7% |
8.0% |
(1.3) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$239 |
$316 |
(24.4%) |
|
Accounts Rec. |
$3,869 |
$3,385 |
14.3% |
|
Inventory |
$3,506 |
$3,343 |
4.9% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$2,602 |
$2,270 |
14.6% |
|
Long-Term Debt |
$7,081 |
$8,475 |
(16.4%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
No data available.
Find out why Fools always follow the money.
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Related Foolishness:
Kraft Foods, HJ Heinz, and Unilever are all Income Investor recommendations. To find out what other great companies have been recommended to subscribers of the market-beating newsletter, take the service for a free 30-day spin today.
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.
