On Thursday, convenience store operator The Pantry
- Sales grew 5% to $2 billion as same-store merchandise sales advanced 1.9% and gasoline comps increased 2%.
- Total diluted earnings fell almost 100% as "results were significantly affected by unusually low gasoline margins relative to our historical seasonal trends."
- So far this year, The Pantry has acquired 133 convenience stores, ahead of the 113 acquired at the same point last year.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$1,381 |
$1,315 |
5.0% |
Net Profit |
$0.1 |
$33 |
(99.6%) |
EPS |
$0.01 |
$1.45 |
(99.3%) |
Diluted Shares |
23.0 |
22.7 |
0.9% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
12.4% |
15.6% |
(3.2) |
Operating Margin |
1.0% |
5.3% |
(4.) |
Net Margin |
0.0% |
2.5% |
(2.50) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$111 |
$190 |
(41.5%) |
Accounts Rec. |
$63 |
$53 |
19.0% |
Inventory |
$130 |
$116 |
12.4% |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Accounts Payable |
$129 |
$123 |
5.1% |
Long-Term Debt |
$602 |
$604 |
(0.3%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Fools will have to wait until the company files its 10-Q for juicy cash flow details.
Find out why Fools always follow the money.
Comparable companies:
-
Kroger
(NYSE:KR) -
Pathmark Stores
(NASDAQ:PTMK) -
Village Super Market
(NASDAQ:VLGEA) -
Casey's General Stores
(NASDAQ:CASY)
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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.
Fool contributor Ryan Fuhrmann has no financial interest in any company mentioned. Feel free to email him with feedback or to discuss any companies mentioned further. The Fool has an ironclad disclosure policy.