On Dec. 6, Tweeter Home Entertainment
- A 13% decrease in comparable store sales led to a 13.8% decline in revenues.
- In 2006, a 32% increase in flat panel sales and a 51% increase in units only amounted to an 8% increase in revenue for the entire television category, as projection TV sales were down 16%.
- CAPS players (people in our community intelligence database) don't have much to say. But those that do don't like what they see; five of nine investors rate Tweeter an underperform.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$162.3 |
$188.3 |
(13.8%) |
|
Net Profit |
($16.4) |
($18.5) |
N/A |
|
EPS |
($0.65) |
($0.75) |
N/A |
|
Diluted Shares |
25.5 |
24.6 |
3.4% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
40.1% |
38.4% |
1.7 |
|
Operating Margin |
(10%) |
(8.3%) |
(1.7) |
|
Net Margin |
(10.1%) |
(9.8%) |
(0.3) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1.3 |
$1.3 |
(1.1%) |
|
Accounts Rec. |
$20.2 |
$28.2 |
(28.4%) |
|
Inventory |
$109.0 |
$111.5 |
(2.2%) |
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Current Liabilites* |
$100.6 |
$109.8 |
(8.4%) |
|
Long-Term Debt |
$48.9 |
$62.6 |
(21.9%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
No cash flow statement was included in the press release.
Find out why Fools always follow the money.
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