On April 25, food and beverage powerhouse PepsiCo
- Revenue was up by 9.4% and earnings per share by 16%.
- Gross margin was negatively impacted by higher raw material and energy costs.
- The PepsiCo International segment increased profits by 29% on "strong snack and beverage growth."
- Read this Foolish take for analysis on PepsiCo's results. Also be sure to check Motley Fool CAPS for bull and bear pitches on the company and competitors like Coca-Cola
(NYSE:KO) and Kraft(NYSE:KFT) .
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$7,350 |
$6,719 |
9.4% |
|
Net Profit |
$1,096 |
$947 |
15.7% |
|
EPS |
$0.65 |
$0.56 |
16.1% |
|
Diluted Shares |
1,673 |
1,695 |
(1.3%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
55.3% |
55.9% |
(0.6) |
|
Operating Margin |
19.3% |
18.7% |
0.6 |
|
Net Margin |
14.9% |
14.1% |
0.8 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,737 |
$3,329 |
(47.8%) |
|
Accounts Rec. |
$4,123 |
$3,634 |
13.5% |
|
Inventory |
$2,074 |
$1,881 |
10.3% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$6,207 |
$5,587 |
11.1% |
|
Long-Term Debt |
$1,807 |
$2,288 |
(21.0%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$626 |
$173 |
261.8% |
|
Capital Expenditures |
$267 |
$289 |
(7.6%) |
|
Free Cash Flow |
$359 |
($116) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
Coca-Cola is a Motley Fool Inside Value recommendation. Kraft Foods is a Motley Fool Income Investor recommendation. Try any one of our investing services free 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.
