On Feb. 21, Chuck E. Cheese's CEC Entertainment (NYSE:CEC) released full-year 2005 earnings for the period ending Jan. 1, 2006.
- Sales increased 2% when accounting for the extra week in fiscal 2004.
- Same-week comparable-store sales fell 1.8%.
- The average number of shares outstanding fell 6%, but long-term debt increased substantially.
(Figures in thousands, except per-share data)
Income Statement Highlights|
Avg. Est. |
2005 |
2004 |
% Change | |
|---|---|---|---|---|
|
Sales |
$731,640 |
$726,163 |
$728,079 |
(0.3%) |
|
Net Profit |
-- |
$72,877 |
$82,532 |
(11.7%) |
|
EPS |
$2.07 |
$2.01 |
$2.15 |
(6.5%) |
Get back to basics with a look at the income statement.
Margin Checkup|
2005 |
2004 |
Change | |
|---|---|---|---|
|
Gross Margin |
83.93% |
83.57% |
0.36% |
|
Op. Margin |
16.84% |
18.71% |
(1.87%) |
|
Net Margin |
10.04% |
11.34% |
(1.30%) |
Margins are the earnings engine. See how they work.
|
Assets |
2005 |
2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$12,184 |
$11,798 |
+3.3% |
|
Inventory |
$13,659 |
$12,171 |
+12.2% |
|
Accounts Rec. |
$20,323 |
$13,482 |
+50.7% |
|
Liabilities |
2005 |
2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$148,974 |
$11,673 |
+1,176.2% |
|
Accounts Pay. |
$30,264 |
$24,294 |
+24.6% |
Take a look at inventories at work.
Cash Flow Highlights
Data not provided. (Yuck.)
Related Companies:
- McDonald's (NYSE:MCD)
- Yum! Brands (NYSE:YUM)
- Papa John's (NASDAQ:PZZA)
- Wendy's (NYSE:WEN)
- Outback Steakhouse (NYSE:OSI)
Related Foolishness:
- Chuck E. Cheese Doesn't Please: Fool by Numbers
- Outback's Potential Rewards
- Papa's Deepest Toss Yet
- Soggy Performance for Wendy's
- Yum! Brands: Still Yummy?
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.
CEC Entertainment is a Motley Fool Hidden Gems recommendation. Serve yourself a slice of Hidden Gems free for 30 days, and get Tom Gardner's recommendations for the market's best small caps.
At the time of publication, Fool analyst Andy Cross did not own shares in any company mentioned. Fool rules are here.
