On Feb. 7, Buffalo Wild Wings (NASDAQ:BWLD) released fiscal 2005 earnings for the period ended Dec. 25.
- Sales and earnings grew more than 20% at the wings-and-beer purveyor.
- Accounting for a fourth-quarter impairment charge, the company beat analyst earnings estimates by $0.03.
- Keep an eye on growing accounts receivable. They increased by 60% in 2005.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
2005 |
2004 |
% Change | |
|---|---|---|---|---|
|
Sales |
$209,520 |
$209,700 |
$171,048 |
+22.6% |
|
Net Profit |
-- |
$8,880 |
$7,201 |
+23.3% |
|
EPS, diluted |
$1.07 |
$1.02 |
$0.84 |
+21.4% |
Get back to basics with a look at the income statement.
Margin Checkup
|
2005 |
2004 |
Change | |
|---|---|---|---|
|
Gross Margin |
71.97% |
69.89% |
+2.09% |
|
Op. Margin |
6.19% |
6.22% |
-0.03% |
|
Net Margin |
4.23% |
4.21% |
+0.02% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
2005 |
2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$52,404 |
$49,011 |
+6.9% |
|
Inventory |
$1,502 |
$1,207 |
+24.4% |
|
Accounts Rec. |
$4,431 |
$2,766 |
+60.2% |
|
Liabilities |
2005 |
2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
-- |
-- |
N/A |
|
Accounts Pay. |
$6,628 |
$5,383 |
+23.1% |
Cash Flow Highlights
|
2005 |
2004 |
% Change | |
|---|---|---|---|
|
Cash From Ops. |
$24,700 |
$21,362 |
+15.6% |
|
Capital Expend. |
$21,947 |
$23,310 |
-5.8% |
|
Free Cash Flow |
$2,753 |
$ (1,948) |
N/A |
Find out why Fools always follow the money.
Related Companies:
- Applebee's (NASDAQ:APPB)
- Cheesecake Factory (NASDAQ:CAKE)
- McDonald's (NYSE:MCD)
- Outback Steakhouse (NYSE:OSI)
- Yum! Brands (NYSE:YUM)
Related Foolishness:
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- Foolish Fundamentals: Cash Conversion Cycle
Buffalo Wild Wings is a Motley Fool Hidden Gems selection. For more about Tom Gardner's market-beating picks, click here.
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, Fool analyst Andy Cross did not own shares in any company mentioned. Fool rules are here.
