On Aug. 16, Wal-Mart (NYSE:WMT) released Q2 2006 earnings for the period ending July 31.
- Earnings of $0.67 per share beat analyst estimates but represent slowing bottom-line growth.
- Operating margins dropped by 0.21% from the prior-year quarter.
- Comps growth of 3.5% is behind that of competitor Target (NYSE:TGT), as discussed here.
(Figures in millions, except per-share data)
Income Statement Highlights (What's this?)
|
Avg. Est. |
Q2 2006 |
Q2 2005 |
% Change | |
|---|---|---|---|---|
|
Sales |
$77,480 |
$77,520 |
$70,459 |
+10.0% |
|
Net Profit |
-- |
$2,805 |
$2,651 |
+5.8% |
|
EPS |
$0.65 |
$0.67 |
$0.62 |
+8.1% |
Margin Checkup (What's this?)
|
Q2 2006 |
Q2 2005 |
Change | |
|---|---|---|---|
|
Gross Margin |
24.17% |
24.02% |
+0.14% |
|
Op. Margin |
6.04% |
6.25% |
-0.21% |
|
Net Margin |
3.62% |
3.76% |
-0.14% |
Balance Sheet Highlights (What's this?)
|
Assets |
Q2 2006 |
Q2 2005 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$5,673 |
$4,709 |
+20.5% |
|
Inventory |
$30,918 |
$28,266 |
+9.4% |
|
Accounts Rec. |
$1,682 |
$1,280 |
+31.4% |
|
Liabilities |
| ||
|---|---|---|---|
|
Long-Term Debt |
$20,209 |
$17,044 |
+18.6% |
|
Accounts Pay. |
$22,624 |
$19,711 |
+14.8% |
Cash Flow Highlights (What's this?)
|
Q2 2006 |
Q2 2005 |
% Change | |
|---|---|---|---|
|
Cash From Ops |
$6,541 |
$4,873 |
+34.2% |
|
Capital Expend. |
$6,473 |
$5,694 |
+13.7% |
|
Free Cash Flow |
$68 |
$(821) |
N/A |
Click here to learn more about free cash flow and why it matters.
Related Companies:
- Target (NYSE:TGT)
- BJ's Wholesale Club (NYSE:BJ)
- Sears Holdings (NASDAQ:SHLD)
- Costco (NASDAQ:COST)
Related Foolishness:
- Target's outgunning Wal-Mart, but is it even fair to compare?
- Is Wal-Mart hoarding too much cash?
- Is Wal-Mart a can't-miss stock tip?
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At the time of publication, Seth Jayson had positions in no company mentioned here. Fool rules are here.
