On April 26, plastic-container specialist Tupperware Brands
- Revenue increased 7.8% with solid growth in emerging markets and in Europe, despite a dismal performance in Germany.
- The profit increase was led primarily by Asia Pacific and North America, which offset the decline in Europe.
- Management expects revenue for the second quarter to be between $467 million and $476 million. EPS projection for the second quarter of fiscal '07 is in the range of $0.45 to $0.50, excluding re-engineering costs, intangible asset amortization, and land gains.
- The stock has a three-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$456.9 |
$423.7 |
7.8% |
|
Net Profit |
$19.6 |
$16.0 |
22.5% |
|
EPS |
$0.32 |
$0.26 |
23.1% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
64.7% |
65.0% |
(0.3) |
|
Operating Margin** |
7.7% |
7.6% |
0.1 |
|
Net Margin |
4.3% |
3.8% |
0.5 |
**Excludes gain on sale of assets.
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$74.6 |
$74.2 |
0.5% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$390.6 |
$362.4 |
7.8% |
|
Long-Term Debt |
$656.2 |
$740.3 |
(11.4%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$8.3 |
$4.2 |
97.6% |
|
Capital Expenditures |
$10.3 |
$12.4 |
(16.9%) |
|
Free Cash Flow |
($2.0) |
($8.2) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
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