On Oct. 27, Timberland
- Revenues were below the estimate at $503 million, while EPS beat the estimate by 9.3%.
- Revenues decreased because of declines in boots and children's sales, which offset the gains made by the company's new brands.
- Because capital spending increased by 39.3%, the company experienced a larger outflow of free cash.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$507 |
$503 |
$506 |
(0.6%) |
|
Net Profit |
-- |
$52 |
$69 |
(25.0%) |
|
EPS |
$0.75 |
$0.82 |
$1.02 |
(19.6%) |
|
Diluted Shares |
-- |
63 |
68 |
(6.8%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
47.05% |
48.89% |
(1.84) |
|
Operating Margin |
16.06% |
20.78% |
(4.72) |
|
Net Margin |
10.31% |
13.67% |
(3.36) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $63 | $123 | (48.5%) |
Accounts Rec. | $330 | $298 | 10.8% |
Inventory | $251 | $243 | 3.3% |
Liabilities | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Accounts Payable | $127 | $126 | 1.4% |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 | YTD 2005 | Change | |
|---|---|---|---|
Cash From Ops. | ($101) | ($58) | N/A |
Capital Expenditures | $22 | $16 | 39.3% |
Free Cash Flow | ($123) | ($73) | N/A |
Find out why Fools always follow the money.
Related companies:
- Nike
(NYSE:NKE) - Wolverine World Wide
(NYSE:WWW) - Crocs
(NASDAQ:CROX)
Related Foolishness:
- That Squish in Timberland
- Columbia Sportswear Climbs Higher
- No Discount on Deckers
- Wolverine's World of Solid Growth
ColumbiaSportswear is aMotley Fool Hidden Gemsrecommendation.
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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.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.
