On May 31, Restoration Hardware
- The company experienced a loss from operations of $11.9 million for the first quarter of 2007 versus a loss of $3.5 million in 2006.
- In a move to improve operations, the company completed retrofitting its Furniture Distribution Centers.
- For the second quarter, the company expects total revenues in the range of $195 million to $199 million and loss per diluted share in the range of $0.12 to $0.06.
- Restoration Hardware has earned a rating of only one out of five possible stars in our Motley Fool CAPS intelligence database. Join now and rate your favorite specialty retailers.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$142.1 |
$133.4 |
6.5% |
|
Net Profit |
($13.8) |
($4.9) |
N/A |
|
EPS |
($0.35) |
($0.13) |
N/A |
|
Diluted Shares |
38.8 |
37.8 |
2.6% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
31.3% |
33.7% |
(2.4) |
|
Operating Margin |
(8.4%) |
(2.6%) |
(5.8) |
|
Net Margin |
(9.7%) |
(3.7%) |
(6.0) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1.2 |
$2.3 |
(47.1%) |
|
Accounts Rec. |
$8.5 |
$9.2 |
(7.0%) |
|
Inventory |
$215.5 |
$194.6 |
10.7% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$63.1 |
$77.6 |
(18.7%) |
|
Long-Term Debt |
$121.8 |
$88.1 |
38.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
Data not available.
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.
