On Dec. 6, Casey's General Stores
- Increased demand from lower retail gas prices led to a 4.8% rise in sales. However, gasoline gross profit was down because of the difficult comparison with last year.
- The company plans to acquire 50 stores and build 10 new stores in fiscal year 2007.
- Casey's gets a thumbs-up from 12 of 14 participants who have rated it in Motley Fool CAPS, our new community-intelligence service.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$1,010.1 |
$963.9 |
4.8% |
|
Net Profit |
$17.2 |
$22.2 |
(22.6%) |
|
EPS |
$0.34 |
$0.44 |
(22.7%) |
|
Diluted Shares |
50.5 |
50.5 |
0.0% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
14.4% |
15.0% |
(0.6) |
|
Operating Margin |
2.9% |
3.9% |
(1.0) |
|
Net Margin |
1.7% |
2.3% |
(0.6) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q2 2007 | Q2 2006 | Change |
|---|---|---|---|
Cash + ST Invest. | $32.3 | $54.6 | (40.9%) |
Accounts Rec. | $8.6 | $8.9 | (2.9%) |
Inventory | $101.0 | $82.7 | 22.1% |
Liabilities | Q2 2007 | Q2 2006 | Change |
|---|---|---|---|
Accounts Payable | $112.4 | $95.2 | 18.1% |
Long-Term Debt | $152.8 | $110.9 | 37.8% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Not provided. (Lame.)
Find out why Fools always follow the money.
Related Companies:
- Ahold
(NYSE:AHO) - Kroger
(NYSE:KR) - The Pantry
(NASDAQ:PTRY)
Related Foolishness:
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