On April 5, teen retailer dELiA*s
- Sales increased 14% overall for the quarter as direct sales rose 5% and retail sales rose 39%.
- The gross margin declined by 20 basis points because the retail segment took up a bigger percentage of the total sales mix. But operating margins improved 1.5 percentage points as the company leveraged its operating expenses across more sales.
- At the end of fiscal 2006, the store count increased to 74 from 59 (net of closings), and management expects to increase square footage by 25% in 2007.
- Is dELiA*s set to take on the likes of Abercrombie & Fitch
(NYSE:ANF) , American Eagle Outfitters(NYSE:AEO) , and Aeropostale(NYSE:ARO) ? Foolish investors seems to think so, because it's rated four stars in The Motley Fool's CAPS community.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$89,364 |
$78,366 |
14.0% |
|
Net Profit |
$6,834 |
$4,858 |
40.7% |
|
EPS |
$0.21 |
$0.17 |
23.5% |
|
Diluted Shares |
32,116.1 |
28,168.6 |
14.0% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
40.8% |
41.0% |
(0.2) |
|
Operating Margin |
8.2% |
6.7% |
1.5 |
|
Net Margin |
7.6% |
6.2% |
1.4 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$28,874 |
$2,523 |
1,044.4% |
|
Inventory |
$31,680 |
$25,832 |
22.6% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$17,821 |
$12,316 |
44.7% |
|
Long-Term Debt |
$2,406 |
$2,574 |
(6.5%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$16,048 |
$6,154 |
160.8% |
|
Capital Expenditures |
$20,511 |
$11,654 |
76.0% |
|
Free Cash Flow |
($4,463) |
($5,500) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
American Eagle Outfitters is a Motley Fool Stock Advisor recommendation. What other stocks are at the top of Tom and David Gardner's list? To see, be our guest at the Stock Advisor website for 30 days.
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.
