On May 17, Kohl's
- Revenues increased by 11.8%, with a 3.9% rise in comparable sale stores.
- Don't be too frightened by the fall in cash from operations. The company sold its accounts receivables.
- During the first quarter, Kohl's opened 17 new stores, including three stores in Idaho, a new market for the company.
- For the second quarter and fiscal 2007, the company expects earnings per diluted shares to be around $0.81-$0.85 and $3.68-$3.84, respectively.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$3,572.0 |
$3,196.3 |
11.8% |
|
Net Profit |
$209.0 |
$167.2 |
25.0% |
|
EPS |
$0.64 |
$0.48 |
33.3% |
|
Diluted Shares |
325.1 |
347.3 |
(6.4%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
36.9% |
36.2% |
0.7 |
|
Operating Margin |
9.7% |
8.8% |
0.9 |
|
Net Margin |
5.8% |
5.2% |
0.6 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$503.6 |
$1,596.3 |
(68.5%) |
|
Inventory |
$2,713.6 |
$2,347.9 |
15.6% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$1,022.3 |
$868.7 |
17.7% |
|
Long-Term Debt |
$1,040.9 |
$1,044.0 |
(0.3%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$103.6 |
$1,749.6 |
(94.1%) |
|
Capital Expenditures |
$322.3 |
$280.6 |
14.8% |
|
Free Cash Flow |
($218.7) |
$1,469.0 |
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.
