On Oct. 31, Papa John's
- Sales increased by 2.8% to $240 million, mainly because of an increase in commissary revenues and domestic franchise royalties.
- Earnings per share rose because of margin expansion for excellent cost controls and from a lower number of shares outstanding.
- Free cash flow decreased by 23% to $40 million because of higher capital expenditures.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$235 |
$240 |
$233 |
2.8% |
|
Net Profit |
-- |
$13 |
$10 |
26.0% |
|
EPS |
$0.29 |
$0.40 |
$0.30 |
33.3% |
|
Diluted Shares |
-- |
33 |
35 |
(7.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
57.75% |
56.78% |
0.97 |
|
Operating Margin |
8.52% |
7.29% |
1.23 |
|
Net Margin |
5.47% |
4.46% |
1.01 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$10 |
$27 |
(62.0%) |
|
Accounts Rec. |
$21 |
$27 |
(20.3%) |
|
Inventory |
$27 |
$23 |
15.5% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$28 |
$29 |
(5.9%) |
|
Long-Term Debt |
$50 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$66 |
$62 |
7.7% |
|
Capital Expenditures |
$27 |
$10 |
166.8% |
|
Free Cash Flow |
$40 |
$52 |
(23.0%) |
Find out why Fools always follow the money.
Related Companies:
-
Bob Evans Farms
(NASDAQ:BOBE) -
PF Chang's China Bistro
(NASDAQ:PFCB) -
CEC Entertainment
(NYSE:CEC)
Related Foolishness:
CEC Entertainment is a Motley Fool Hidden Gems recommendation. To find out why, take Hidden Gems for afree 30-day spin.
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