On Feb. 27, cheap-chic retailer Target
- Total revenue rose by 16.3% on an extra week of sales, new stores, and a 4.8% rise in comparable-store sales.
- Operating profit increased 22.1% on good performance in both the credit card and retail segments.
- For fiscal 2007, the company estimates EPS will be $3.60, representing a 12% increase over 2006 results.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$19,710.0 |
$16,947.0 |
16.3% |
|
Net Profit |
$1,119.0 |
$939.0 |
19.2% |
|
EPS |
$1.29 |
$1.06 |
21.7% |
|
Diluted Shares |
865.4 |
883.5 |
(2.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
32.3% |
32.1% |
0.2 |
|
Operating Margin |
9.9% |
9.5% |
0.5 |
|
Net Margin |
5.7% |
5.5% |
0.1 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$813 |
$1,648 |
(50.7%) |
|
Accounts Rec. |
$6,194 |
$5,666 |
9.3% |
|
Inventory |
$6,254 |
$5,838 |
7.1% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$6,575 |
$6,268 |
4.9% |
|
Long-Term Debt |
$8,675 |
$9,119 |
(4.9%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$4,862 |
$4,451 |
9.2% |
|
Capital Expenditures |
$3,928 |
$3,388 |
15.9% |
|
Free Cash Flow |
$934 |
$1,063 |
(12.1%) |
Find out why Fools always follow the money.
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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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
