On Aug. 25, J. Crew
- Up: Revenue growth of 17.4%
- Down: Inventory growth exceeded sales growth and gross margins declined.
- Up: Sales, general, and administrative (SG&A) expense as a percentage of sales declined by 1.4%; as a percentage of revenues and operating income it increased by 33%.
(Figures in thousands, except per-share data)
Income Statement Highlights|
Avg. Est. |
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|---|
|
Sales |
No Data |
$269,169 |
$229,366 |
17.4% |
|
Net Profit |
-- |
$20 |
$1,732 |
(98.8%) |
|
EPS |
$0.17 |
($0.08) |
($0.07) |
N/A |
|
Diluted Shares |
36,433 |
24,168 |
50.7% |
Get back to basics with a look at the income statement.
Margin Checkup|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
42.06% |
42.3% |
(0.24) |
|
Operating Margin |
9.96% |
8.78% |
1.18 |
|
Net Margin |
0.01% |
0.76% |
(0.75) |
*Expressed in percentage points.
Margins are the earnings engine. See how they work.
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$68,838 |
$29,692 |
131.8% |
|
Accounts Rec. |
$0 |
$0 |
N/A |
|
Inventory |
$134,636 |
$110,569 |
21.8% |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$78,610 |
$71,327 |
10.2% |
|
Long-Term Debt |
$247,500 |
$603,475 |
(59%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Not provided by company.
Find out why Fools always follow the money.
Related Companies:
-
Gap
(NYSE:GPS) -
Limited
(NYSE:LTD) -
Target
(NYSE:TGT) -
Abercrombie & Fitch
(NYSE:ANF) -
American Eagle Outfitters
(NASDAQ:AEOS)
Related Foolishness:
- Foolish Fundamentals: Enterprise Value
- Foolish Fundamentals: Free Cash Flow
- Foolish Fundamentals: Valuation
- Foolish Fundamentals: The Income Statement
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.
Gap is both an Inside Value selection and a Stock Advisor recommendation. American Eagle Outfitters is a Stock Advisor selection. Takethe newsletter of your choicefor a 30-day free trial.
At the time of publication,Nathan Parmelee held shares of American Eagle Outfitters, but had no positions in any of the other companies mentioned. Fool rules are here.
