On Nov. 16, ThePantry (NASDAQ:PTRY) released fourth-quarter earnings for the period ended Sept. 28.

  • Acquisitions and favorable conditions in the gasoline market led to 23% sales growth.

  • Gasoline revenues rose 25.9% on a 10.4% increase in the average retail price per gallon.

  • During fiscal 2006, the company acquired 113 convenience stores, bringing its total store count to 1,493.

  • The Pantry has a five-star rating in Motley Fool CAPS. Yowza!

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$1,685.5

$1,375.5

22.5%

Net Profit

$26.7

$25.4

5.2%

EPS

$1.16

$1.12

3.6%

Diluted Shares

23.0

22.6

1.8%



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Gross Margin

13.1%

14.7%

(1.6)

Operating Margin

3.4%

4.1%

(0.7)

Net Margin

1.6%

1.9%

(0.3)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q4 2006

Q4 2005

Change

Cash + ST Invest.

$120.4

$111.5

8%

Accounts Rec.

$68.1

$61.6

10.5%

Inventory

$140.1

$125.3

11.8%


Liabilities

Q4 2006

Q4 2005

Change

Accounts Payable

$139.9

$131.6

6.3%

Long-Term Debt*

$842.8

$739.5

14%

* Includes lease finance obligations.

Learn the ways of the balance sheet.

Cash Flow Highlights
When it came to a cash flow statement, The Pantry was bare.

Find out why Fools always follow the money.

Related Companies:

  • Casey's General Stores (NASDAQ:CASY)
  • Ruddick (NYSE:RDK)
  • Distribucion y Servicio (NYSE:DYS)

Related Foolishness:

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