On Oct. 25, Applebee's International
- Revenues and EPS missed analyst estimates.
- Revenues increased 5% to $321 million, helped by 28 new Applebee's restaurants, including six company-owned and 22 franchised restaurants. Total restaurants now stand at 1,884.
- Operating margin has declined to 7.71%.
- A 31% fall in cash from operations led to a 60.6% fall in free cash flow.
- Dave Goebel was appointed as the new CEO.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$323 |
$321 |
$305 |
5.02% |
|
Net Profit |
-- |
$15 |
$22 |
(33%) |
|
EPS |
$0.25 |
$0.20 |
$0.28 |
(28.6%) |
|
Diluted Shares |
-- |
75 |
77 |
(2.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
19.89% |
22.19% |
(2.30) |
|
Operating Margin |
7.71% |
11.80% |
(4.09) |
|
Net Margin |
4.63% |
7.25% |
(2.62) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$10 |
$10 |
(3.4%) |
|
Accounts Rec. |
$37 |
$39 |
(5.1%) |
|
Inventory |
$10 |
$21 |
(51.6%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$38 |
$54 |
(29.3%) |
|
Long-Term Debt |
$184 |
$126 |
45.7% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$109 |
$159 |
(31%) |
|
Capital Expenditures |
$87 |
$101 |
(14.1%) |
|
Free Cash Flow |
$23 |
$58 |
(60.6%) |
Find out why Fools always follow the money.
Related Companies:
-
McDonald's
(NYSE:MCD) -
Yum! Brands
(NYSE:YUM) -
Darden Restaurants
(NYSE:DRI)
Related Foolishness:
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