On May 8, Boston Beer
- Net sales increased by 27.4%, driven by 23.7% growth in core shipment volume and a 3% rise in net revenue per barrel for core products.
- Boston Beer's 2007 diluted EPS is expected to be between $1.42 and $1.55.
- The company has increased its Capex estimates for 2007 to between $17 million and $21 million, driven by the need to purchase additional kegs to support its draft business.
- Boston Beer is rated as a shining four-star stock by the Motley Fool CAPS community database, on par with rival and Inside Value pick Anheuser Busch
(NYSE:BUD) but behind superstar and Income Investor rec Diageo(NYSE:DEO) . To see what the community is saying on all of these and more, join the CAPS service for free today.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$72,448.0 |
$56,888.0 |
27.4% |
|
Net Profit |
$5,768.0 |
$1,821.0 |
216.7% |
|
EPS |
$0.40 |
$0.13 |
207.7% |
|
Diluted Shares |
14,595.0 |
14,293.0 |
2.1% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
55.7% |
57.4% |
(1.8) |
|
Operating Margin |
11.8% |
4.2% |
7.6 |
|
Net Margin |
8.0% |
3.2% |
4.8 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$81,474.0 |
$59,173.0 |
37.7% |
|
Accounts Rec. |
$19,737.0 |
$15,820.0 |
24.8% |
|
Inventory |
$18,951.0 |
$13,367.0 |
41.8% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$14,622.0 |
$10,573.0 |
38.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($2,131.0) |
$18,074.0 |
N/A |
|
Capital Expenditures |
$2,538.0 |
$907.0 |
179.8% |
|
Free Cash Flow |
($4,669.0) |
$17,167.0 |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
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.
