On May 29, Coldwater Creek
- Revenues surged by 30.7% as the company continued to open new stores. Same-store sales also increased 7.3% during the quarter.
- Gross margins declined by 90 basis points, because of promotional activity partially offset by higher merchandise margins associated with the direct sourcing program.
- Coldwater Creek, Chico's FAS
(NYSE:CHS) , and Christopher & Banks(NYSE:CBK) carry three-, four-, and three-star rankings in Motley Fool CAPS, respectively. To learn what community intelligence is all about, come join us in CAPS.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$281.3 |
$215.3 |
30.7% |
|
Net Profit |
$12.0 |
$11.6 |
4.0% |
|
EPS |
$0.13 |
$0.12 |
8.3% |
|
Diluted Shares |
94.6 |
94.7 |
(0.1%) |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
45.7% |
46.6% |
(0.9) |
|
Operating Margin |
6.3% |
8.1% |
(1.8) |
|
Net Margin |
4.3% |
5.4% |
(1.1) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$152.1 |
$132.9 |
14.4% |
|
Accounts Rec. |
$25.5 |
$29.8 |
(14.4%) |
|
Inventory |
$134.1 |
$95.4 |
40.6% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$107.9 |
$95.3 |
13.2% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$29.6 |
$17.6 |
68.2% |
|
Capital Expenditures |
$26.9 |
$20.0 |
34.7% |
|
Free Cash Flow |
$2.7 |
($2.4) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
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