On March 22, New York & Co.
- Sales rose by 11% thanks to store opening and remodeling programs in the fourth quarter.
- The company plans to open 50 to 55 new stores, close nine stores, and remodel 25 to 30 stores in fiscal 2007.
- It also expects EPS in the range of $0.11 to $0.14 for the first quarter and $0.85 to $0.95 for fiscal 2007 as a result of its hard work.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$390.3 |
$351.6 |
11.0% |
|
Net Profit |
$24.0 |
$20.6 |
16.6% |
|
EPS |
$0.40 |
$0.36 |
11.1% |
|
Diluted Shares |
60.6 |
57.7 |
4.9% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
33.4% |
31.8% |
1.6 |
|
Operating Margin |
10.2% |
10.3% |
(0.2) |
|
Net Margin |
6.2% |
5.9% |
0.3 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$68.1 |
$57.4 |
18.5% |
|
Inventory |
$110.1 |
$109.7 |
0.4% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$66.6 |
$91.0 |
(26.8%) |
|
Long-Term Debt |
$25.5 |
$31.5 |
(19.0%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$84.0 |
$108.4 |
(22.5%) |
|
Capital Expenditures |
$83.0 |
$81.1 |
2.3% |
|
Free Cash Flow |
$1.0 |
$27.3 |
(96.2%) |
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: New York Heats Up
- Gap's Not On Track
- A Glimmer of Hope for Chico's?
- Ann Taylor's Got Plans
New York & Co. is a Motley Fool Hidden Gems recommendation. If you're looking for excellent small-cap opportunities, Tom Gardner and Bill Mann are the guys to follow. And you can do so starting with a free 30-day trial of the newsletter. Gap is a Stock Advisor and an Inside Value pick.
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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
