On Nov. 28, Dress Barn
- Sales were up more than 12% this quarter, powered by a 7% increase in overall same-store sales.
- Margin increases accelerated as they moved down the income statement. As a result of improved execution, the company raised its FY 2007 guidance by $0.05.
- Of the 62 investors that have rated Dress Barn, 58 think the company will outperform the S&P 500. That's a pretty healthy endorsement. If you have an opinion about Dress Barn, bring it to CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$358.4 |
$318.9 |
12.4% |
Net Profit |
$27.4 |
$20.4 |
34.3% |
EPS |
$0.40 |
$0.32 |
25% |
Diluted Shares |
69.4 |
63.4 |
9.4% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
41.6% |
41.4% |
0.2 |
Operating Margin |
12.4% |
11.6% |
0.8 |
Net Margin |
7.7% |
6.4% |
1.3 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$177.6 |
$72.2 |
146% |
Accounts Rec. |
$0.0 |
$0.0 |
N/A |
Inventory |
$173.6 |
$166.5 |
4.3% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$101.9 |
$100.0 |
1.9% |
Long-Term Debt |
$144.5 |
$145.6 |
(0.8%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Someone check the storeroom. The cash flow statement is missing!
Find out why Fools always follow the money.
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Charming Shoppes
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Related Foolishness:
The Motley Fool Stock Advisor has recommended a number of fashion retailers. To see who they are, click here to take a 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.
At the time of publication, David Meier did not own shares in any of the companies mentioned. Fool rules for disclosure are here.