- Revenues dropped 1.6%, with same-store sales decreasing 6%.
- Net profit fell 10.8% year over year, with EPS dropping 2.5%.
- Margins took a steep drop across the board.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. | Q4 2005 | Q4 2004 | % Change | |
|---|---|---|---|---|
Sales | $4,800 | $4,821 | $4,898 | (1.6) |
Net Profit | -- | $337 | $378 | (10.8) |
EPS | $0.39 | $0.39 | $0.40 | (2.5) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2005 | Q4 2004 | Change | |
|---|---|---|---|
Gross Margin | 34.04% | 36.81% | (2.77) |
Op. Margin | 10.58% | 12.66% | (2.08) |
Net Margin | 6.99% | 7.72% | (0.73) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q4 2005 | Q4 2004 | % Change |
|---|---|---|---|
Cash + ST Invest. | $2,987 | $3,062 | (2.4) |
Inventory | $1,696 | $1,814 | (6.5) |
Liabilities | Q4 2005 | Q4 2004 | % Change |
|---|---|---|---|
Long-Term Debt | $513 | $513 | 0.0 |
Accounts Pay. | $1,132 | $1,240 | (8.7) |
Cash Flow Highlights
Q4 2005 | Q4 2004 | % Change | |
|---|---|---|---|
Cash From Ops. | $1,551 | $1,597 | (2.9) |
Capital Expend. | $600 | $419 | 43.2 |
Free Cash Flow | $951 | $1,178 | (19.3) |
Find out why Fools always follow the money.
Related Companies:
- Abercrombie & Fitch (NYSE:ANF)
- Aeropostale (NYSE:ARO)
- Ann Taylor (NYSE:ANN)
- Chico's FAS (NYSE:CHS)
Related Foolishness:
Gap is aMotley Fool Inside Valueand aMotley Fool Stock Advisorrecommendation. Check out any of the Fool's investing newsletters with afree, 30-day guest pass.
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 checkFool.comfor more of our in-depth discussion of what the numbers mean.
At the time of publication,Seth Jaysonhad shares of Aeropostale, but no positions in any other company mentioned . Gap is also aMotley Fool Stock Advisorpick. Fool rules arehere.
