On Feb. 8, Timberland
- Revenue increased only 4.9%, as boot sales and kids' sales declined.
- Increases in operating expenses hurt margins.
- The company expects to see massive reduction in boot and kids' sales in 2007, in excess of $100 million globally.
- Timberland carries a two-star rating in Motley Fool CAPS, our new community intelligence database.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$488.2 |
$465.3 |
4.9% |
Net Profit |
$38.3 |
$46.9 |
(18.2%) |
EPS |
$0.61 |
$0.71 |
(14.1%) |
Diluted Shares |
62.5 |
65.9 |
(5.1%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
46.4% |
48.2% |
(1.8) |
Operating Margin |
11.8% |
15.0% |
(3.3) |
Net Margin |
7.9% |
10.1% |
(2.2) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$181.7 |
$213.2 |
(14.8%) |
Accounts Rec. |
$204.4 |
$168.8 |
21.1% |
Inventory |
$186.8 |
$167.1 |
11.7% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$110.0 |
$97.3 |
13.1% |
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
2006 |
2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$111.7 |
$182.3 |
(38.7%) |
Capital Expenditures |
$36.6 |
$26.2 |
39.8% |
Free Cash Flow |
$75.1 |
$156.1 |
(51.9%) |
Find out why Fools always follow the money.
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