- Revenues increased 20.1% on same-store sales growth of 13.9%.
- Margins increased across the board, and earnings per share rose 86%.
- Negative free cash flow was worse than last year's as a result of shifts in working capital, particularly accounts receivable and payable.
Income Statement Highlights
Avg. Est. | Q1 2006 | Q1 2005 | Change | |
|---|---|---|---|---|
Sales | $250,330 | $258,978 | $215,608 | 20.1% |
Net Profit | -- | $15,396 | $8,163 | 88.6% |
EPS | $0.32 | $0.34 | $0.18 | 86.0% |
Diluted Shares | 45,717 | 44,644 | 2.4% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2006 | Q1 2005 | Change* | |
|---|---|---|---|
Gross Margin | 40.02% | 38.14% | 1.88 |
Operating Margin | 10.04% | 7.03% | 3.01 |
Net Margin | 5.94% | 3.79% | 2.16 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q1 2006 | Q1 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $151,463 | $89,248 | 69.7% |
Accounts Rec. | $123,245 | $123,007 | 0.2% |
Inventory | $111,583 | $95,595 | 16.7% |
Liabilities | Q1 2006 | Q1 2005 | Change |
|---|---|---|---|
Accounts Payable | $84,131 | $77,678 | 8.3% |
Long-Term Debt | $50,509 | $53,865 | (6.2%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q1 2006 | Q1 2005 | Change | |
|---|---|---|---|
Cash From Ops. | ($17,079) | ($2,394) | N/A |
Capital Expenditures | $9,936 | $9.834 | 1% |
Free Cash Flow | ($27,015) | ($12,228) | N/A |
Find out why Fools always follow the money.
Related Companies:
- American Eagle Outfitters (NASDAQ:AEOS)
- Urban Outfitters (NASDAQ:URBN)
- Abercrombie & Fitch (NYSE:ANF)
- True Religion (NASDAQ:TRLG)
- Pacific Sunwear (NASDAQ:PSUN)
Related Foolishness:
- Read Seth Jayson's take on Guess?'s latest quarter.
- Foolish Fundamentals: Margins
- Foolish Fundamentals: Enterprise Value
- Foolish Fundamentals: Free Cash Flow
Pacific Sunwear is a Motley Fool Stock Advisor recommendation. You can take a free look to see why Tom Gardner added it to his stable of market-beating stocks.
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 Jayson had shares of Guess? and American Eagle but held no positions in any other company mentioned here. Fool rules are here.
