On April 4, home furnishings retailer Restoration Hardware
- A 59% surge in direct-to-customer revenues and a 9.1% rise in comparable-store sales helped total sales grow 27%.
- Despite an unfavorable market for housing and home furnishings, the company's positive outlook for 2007 includes an 11% to 14% growth in total revenue.
- Think Restoration Hardware deserves more than one star in Motley Fool CAPS? Visit the CAPS community to rate it and competitors Williams Sonoma
(NYSE:WSM) and Pier One(NYSE:PIR) .
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$243.0 |
$191.0 |
27.2% |
|
Net Profit |
$13.6 |
($19.5) |
N/A |
|
EPS |
$0.34 |
($0.52) |
N/A |
|
Diluted Shares |
39.9 |
37.7 |
5.8% |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
37.8% |
38.8% |
(1.1) |
|
Operating Margin |
6.5% |
7.5% |
(1.1) |
|
Net Margin |
5.6% |
(10.2%) |
15.8 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1.5 |
$2.0 |
(26.6%) |
|
Accounts Rec. |
$7.2 |
$5.9 |
21.8% |
|
Inventory |
$192.8 |
$158.6 |
21.5% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$79.3 |
$62.8 |
26.3% |
|
Long-Term Debt |
$68.4 |
$58.1 |
17.6% |
The balance sheet reflects the company's health.
Cash Flow Highlights
Restoration Hardware must have been too busy browsing through their new outdoor and gift catalogs to post a statement of cash flows.
Free cash flow is a Fool's best friend.
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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.
