On Oct. 25, bebe Stores
- Same-store sales increased 12.8% (impressive when stacked on top of the 17.3% for the prior year), resulting in a 24.5% revenue increase to $157 million.
- The increase in gross margin was primarily due to improved merchandise margins, resulting from a higher initial markup and lower markdowns.
- It's not alarming because of the level and the time of year, but inventory did rise faster than sales, so we'll keep an eye on that going forward.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|---|
|
Sales |
$157 |
$157 |
$126 |
24.5% |
|
Net Profit |
-- |
$20 |
$14 |
50.5% |
|
EPS |
$0.21 |
$0.22 |
$0.14 |
57.1% |
|
Diluted Shares |
-- |
94 |
94 |
0.3% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
50.48% |
49.31% |
1.17 |
|
Operating Margin |
18.46% |
15.82% |
2.64 |
|
Net Margin |
13.01% |
10.76% |
2.25 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$343 |
$285 |
20.2% |
|
Inventory |
$53 |
$40 |
34.8% |
|
Total Current Assets |
$416 |
$346 |
20.2% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Total Current Liabilities |
$56 |
$53 |
5.6% |
|
Long-Term Debt |
$0 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
The cash flow statement must be stuck in the stockroom. Oh, well. They'll get it out for the 10-Q.
Find out why Fools always follow the money.
Related Companies:
-
New York & Co.
(NYSE:NWY) -
Urban Outfitters
(NASDAQ:URBN) -
Guess?
(NYSE:GES)
Related Foolishness:
bebe Stores is a Motley Fool Stock Advisor selection, while New York & Co. is a Motley Fool Hidden Gems recommendation. Take the newsletter that best fits your investing style for a 30-day free trial.
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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
