On Dec. 22, pharmacy retailer Walgreen
- Sales were up almost 17% and same-store sales increased almost 10%.
- EPS increased 26.5%, because much of the improvements in the gross margin found their way to the bottom line, and the number of shares outstanding fell.
- In our new ratings service, Motley Fool CAPS, 470 of 505 investors think Walgreen will outperform the S&P 500. Do you have an opinion? Bring it to CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$12,708.5 |
$10,900.4 |
16.6% |
Net Profit |
$431.7 |
$345.6 |
24.9% |
EPS |
$0.43 |
$0.34 |
26.5% |
Diluted Shares |
1,013.4 |
1,022.3 |
(0.9%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
28.1% |
27.5% |
0.6 |
Operating Margin |
5.3% |
5.0% |
0.3 |
Net Margin |
3.4% |
3.2% |
0.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$769.4 |
$895.5 |
(14.1%) |
Accounts Rec. |
$2,304.3 |
$1,472.8 |
56.5% |
Inventory |
$6,998.8 |
$6,239.8 |
12.2% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Trade Accounts Payable |
$4,552.3 |
$3,303.4 |
37.8% |
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q3 2007 |
Q3 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$500.2 |
$437.4 |
14.4% |
Capital Expenditures |
$404.2 |
$335.5 |
20.5% |
Free Cash Flow |
$96.0 |
$101.9 |
(5.8%) |
Find out why Fools always follow the money.
Related Companies:
-
CVS
(NYSE:CVS) -
Rite Aid
(NYSE:RAD) -
drugstore.com
(NASDAQ:DSCM)
Related Foolishness:
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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.