ConAgra (NYSE:CAG) released fiscal year 2005 earnings for the period ended May 29, 2005, on June 30.
- Fiscal year 2005 had 52 weeks, versus 53 weeks for FY 2004.
- 2005 earnings per share included charges amounting to -$0.04 per share for discontinued operations. 2004 included a one-time benefit of $0.18 per share, along with a -$0.02-per-share charge for an accounting change.
Income Statement Highlights
|
FY 2005 Avg. Est. |
FY 2005 Actual |
FY 2004 |
% Change | |
|---|---|---|---|---|
| Sales | $15,010 | $14,567 | $14,082 | +3.4% |
| Net Profit | -- | $642 | $811 | -20.9% |
| EPS | $1.35 | $1.23 | $1.53 | -19.6% |
Margin Checkup
| FY 2005 | FY 2004 | Change | |
|---|---|---|---|
| Gross Margin | 21.29% | 22.76% | -1.47% |
| Op. Margin | 8.70% | 9.86% | -1.16% |
| Net Margin | 4.4% | 5.76% | -1.36% |
Balance Sheet Highlights
| Assets | FY 2005 | FY 2004 | % Change |
|---|---|---|---|
| Cash + ST Invest. | $208 | $609 | -65.9% |
| Inventory | $2,615 | $2,517 | +3.9% |
| Accounts Rec. | $1,292 | $1,303 | -0.9% |
| Liabilities | FY 2005 | FY 2004 | % Change |
|---|---|---|---|
| Long-Term Debt | $4,349 | $5,281 | -17.6% |
| Accounts Pay. | $818 | $925 | -11.6% |
Related companies:
- Kraft (NYSE:KFT)
- Tyson Foods (NYSE:TSN)
- Smithfield Foods (NYSE:SFD)
For related Foolishness:
- Is a boring company like ConAgra something every portfolio needs?
- Turnarounds, cyclicals, and wounded elephants make some of the best dirt-cheap dream stocks.
- Check in with the chicken game toward the beginning of this year.
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.
At the time of publication, Seth Jayson had positions in no company mentioned. Fool rules are here.
