On March 7, Foot Locker
- Adjusting for the extra week in the 2007 fourth quarter, sales decreased 0.4% to $1.55 billion. Comparable-store sales fell 3.4%.
- The company projects fiscal 2007 earnings per share to be in the range of $1.55-$1.65 and first-quarter earnings per share to be between $0.34 and $0.37.
- Foot Locker has a four-star rating in our new community-intelligence database, Motley Fool CAPS. If you have an opinion, we want to know. So bring it to CAPS!
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$1,557.0 |
$1,564.0 |
(0.4%) |
|
Net Profit* |
$92.0 |
$96.0 |
(4.2%) |
|
EPS* |
$0.59 |
$0.61 |
(3.3%) |
|
Diluted Shares |
156.9 |
156.7 |
0.1% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
31.7% |
30.9% |
0.8 |
|
Operating Margin |
9.3% |
9.0% |
0.3 |
|
Net Margin |
5.9% |
6.1% |
(0.2) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$470.0 |
$587.0 |
(19.9%) |
|
Inventory |
$1,303.0 |
$1,254.0 |
3.9% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$256.0 |
$361.0 |
(29.1%) |
|
Long-Term Debt |
$220.0 |
$275.0 |
(20.0%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
The company did not include a cash flow statement in the release.
Find out why Fools always follow the money.
Related Foolishness:
Gap is a recommendation of Motley Fool Stock Advisor. Take the newsletter dedicated to the very best of David and Tom Gardner's selections for a 30-day free spin.
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.
