On Jan. 9, WD-40
- Click here to read the full story on WD-40's earnings.
- Although revenue increased 7%, the bottom line fell by 24% because of an increase in marketing investment and internal infrastructure.
- Global sales remain strong, with Europe advancing 29% and the Asia/Pacific region up 23% over last year. An operation in China is slated to be fully operational in March of this year.
- WD-40 is a two-star stock in Motley Fool CAPS. To share your two cents, join CAPS and make your opinion known today.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$71,956 |
$67,215 |
7.1% |
|
Net Profit |
$5,694 |
$7,513 |
(24.2%) |
|
EPS |
$0.33 |
$0.45 |
(26.7%) |
|
Diluted Shares |
17,241 |
16,777 |
2.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
47.91% |
48.08% |
(0.17) |
|
Operating Margin |
13.39% |
18.57% |
(5.18) |
|
Net Margin |
7.91% |
11.18% |
(3.27) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$46,436 |
$34,264 |
35.5% |
|
Trade Accounts Rec. |
$40,626 |
$37,349 |
8.8% |
|
Inventory |
$15,669 |
$10,211 |
53.5% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$15,245 |
$14,049 |
8.5% |
|
Long-Term Debt* |
$53,571 |
$64,285 |
(16.7%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$14,298 |
$12,385 |
15.4% |
|
Capital Expenditures |
$550 |
$989 |
(44.4%) |
|
Free Cash Flow |
$13,748 |
$11,396 |
20.6% |
Find out why Fools always follow the money.
Related Companies:
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Related Foolishness:
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, Katrina Chan had no positions in any company mentioned. Fool rules are here.
