On Nov. 3, Whole Foods Market
- Revenues rose by 15.8% to $1.29 billion, led by an 8.6% increase in comparable-store sales. The operating margin expanded because of lower sales, general, and administrative costs as a percentage of sales and a decrease in store pre-opening expenses.
- Decline in cash and cash equivalent reflected cash dividends of $21 million paid to shareholders and a repurchase of 2 million of shares worth $100 million.
- Free cash flow improved by 30% on account of increased cash from operation, partially offset by an increase in capital expenditure.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$1,291 |
$1,115 |
15.8% |
Net Profit |
$39.8 |
$9.1 |
339.3% |
EPS |
$0.28 |
$0.06 |
366.7% |
Diluted Shares |
143.5 |
142.1 |
1% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
34.8% |
35% |
(0.2) |
Operating Margin |
4.8% |
1.9% |
2.8 |
Net Margin |
3.1% |
0.8% |
2.3 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$196.1 |
$308.5 |
(36.4%) |
Accounts Rec. |
$82.1 |
$66.7 |
23.2% |
Inventory |
$203.7 |
$174.8 |
16.5% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$121.9 |
$103.3 |
17.9% |
Long-Term Debt |
$8.6 |
$12.9 |
(33.5%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$452.7 |
$410.8 |
10.2% |
Capital Expenditures |
$340.2 |
$324.1 |
5% |
Free Cash Flow |
$112.5 |
$86.7 |
29.7% |
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Related Companies:
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Kroger
(NYSE:KR) -
Safeway
(NYSE:SWY) -
Wild Oats Market
(NASDAQ:OATS)
Related Foolishness:
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