On Dec. 21, Rite Aid (NYSE:RAD) released third-quarter earnings for the period ended Nov. 25.
- Sales were up 4.2% on the back of a 3.4% increase in same-store sales.
- Net income before preferred dividends was $1.1 million, as operating margin increased year over year.
- 195 of 214 investors think Rite Aid will outperform the S&P 500 in our new ratings service, CAPS. Do you have an opinion? Bring it to CAPS!
(Figures in millions, except per-share data)
Income Statement Highlights|
Q3 2007 |
Q3 2006 |
Change | |
|---|---|---|---|
|
Sales |
$4,320.2 |
$4,145.7 |
4.2% |
|
Net Profit* |
$1.1 |
($5.2) |
N/A |
|
EPS |
($0.01) |
($0.02) |
N/A |
|
Diluted Shares |
524.6 |
525.3 |
(0.2%) |
Get back to basics with a look at the income statement.
Margin Checkup|
Q3 2007 |
Q3 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
26.7% |
27.1% |
(0.4) |
|
Operating Margin |
1.6% |
1.4% |
0.2 |
|
Net Margin |
0% |
(0.1%) |
0.2 |
Margins are the earnings engine. See how they work.
|
Assets |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$148.4 |
$105.1 |
41.2% |
|
Accounts Rec. |
$321.8 |
$308.7 |
4.2% |
|
Inventory |
$2,468.4 |
$2,485.7 |
(0.7%) |
|
Liabilities |
Q3 2007 |
Q3 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$923.8 |
$870.9 |
6.1% |
|
Long-Term Debt |
$2,785.0 |
$2,478.8 |
12.4% |
Learn the ways of the balance sheet.
Cash Flow Highlights|
YTD 2006 |
YTD 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$182.7 |
$336.8 |
(45.8%) |
|
Capital Expenditures* |
$184.6 |
$97.6 |
89.1% |
|
Free Cash Flow |
($1.9) |
$239.2 |
N/A |
Find out why Fools always follow the money.
Related Companies:
- Medco (NYSE:MHS)
- CVS (NYSE:CVS)
- Walgreen (NYSE:WAG)
Related Foolishness:
- More in Store at Rite Aid?
- Jaw-Dropping Pill-Popping at Walgreen
- CVS/Caremark: A Brobdingnagian Drug Seller
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