On July 17, Stanley Furniture
- Sales declined by 7%.
- Net profit fell 32%, with EPS dropping 27%.
- Free cash flow increased by 9% to $15 million through the first half of the year.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. | Q2 2006 | Q2 2005 | Change | |
|---|---|---|---|---|
Sales | $80,000 | $77,476 | $83,635 | (7.4%) |
Net Profit | -- | $3,937 | $5,827 | (32.4%) |
EPS | $0.31 | $0.32 | $0.44 | (27.3%) |
Diluted Shares | 12,264 | 13,255 | (7.5%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q2 2006 | Q2 2005 | Change* | |
|---|---|---|---|
Gross Margin | 22.74% | 24.67% | (1.93) |
Operating Margin | 8.13% | 11.23% | (3.1) |
Net Margin | 5.08% | 6.97% | (1.89) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q2 2006 | Q2 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $10,627 | $13,586 | (21.8%) |
Accounts Rec. | $37,958 | $39,132 | (3%) |
Inventory | $61,456 | $72,283 | (15%) |
Liabilities | Q2 2006 | Q2 2005 | Change |
|---|---|---|---|
Accounts Payable | $16,851 | $19,549 | (13.8%) |
Long-Term Debt | $7,143 | $10,000 | (28.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q2 2006 | Q2 2005 | Change | |
|---|---|---|---|
Cash From Ops. | $16,175 | $16,869 | (4.1%) |
Capital Expenditures | $749 | $2,721 | (72.5%) |
Free Cash Flow | $15,426 | $14,148 | 9% |
Find out why Fools always follow the money.
Related Companies:
- La-Z-Boy
(NYSE:LZB) - Hooker Furniture
(NASDAQ:HOFT) - Ethan Allen Interiors
(NYSE:ETH) - Furniture Brands International
(NYSE:FBN)
Stanley and Hooker are both recommendations of theMotley Fool Hidden Gemsnewsletter service. Afree trialwill get you access to all issues, so you can gain access to the original write-ups, as well as see what the community thinks of the latest news.
La-Z-Boy is aMotley Fool Income Investorpick.
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 checkFool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Seth Jayson had no position in any company mentioned. Fool rules are here.
