On Nov. 14, Staples
- Sales increased by 12% to $4.75 billion, thanks to improved performance in core office supplies, ink and toner, paper, and portable computers, along with a positive impact in foreign-currency transactions.
- Net income increased by 29.2 % to $289.9 million because of lower interest and miscellaneous expenses.
- Free cash flow decreased by 37.6% to $276.6 million, because of lower cash from operations and increase in capital expenditure by 21.7%.
(Figures in million, except per-share data)
Income Statement Highlights
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|
Sales |
$4,756.6 |
$4,245.5 |
12% |
Net Profit |
$289.9 |
$224.5 |
29.2% |
EPS |
$0.39 |
$0.30 |
30% |
Diluted Shares |
736.2 |
747.6 |
(1.5%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 |
Q3 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
28.6% |
28.8% |
(0.1) |
Operating Margin |
8.5% |
8.3% |
0.2 |
Net Margin |
6.1% |
5.3% |
0.8 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q3 2006 |
Q3 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$1,321.0 |
$1,329.1 |
(0.6%) |
Accounts Rec. |
$717.8 |
$568.4 |
26.3% |
Inventory |
$1,909.3 |
$1,708.7 |
11.7% |
Accounts Payable |
$1,525.6 |
$1,366.0 |
11.7% |
Long-Term Debt |
$320.6 |
$526.5 |
(39.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$628.8 |
$732.8 |
(14.2%) |
Capital Expenditures |
$352.2 |
$289.3 |
21.7% |
Free Cash Flow |
$276.6 |
$443.5 |
(37.6%) |
Find out why Fools always follow the money.
Related Companies:
-
OfficeMax
(NYSE:OMX) -
Office Depot
(NYSE:ODP)
Related Foolishness:
Check out our suite of investing newsletters with 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.