On May 24, New York & Company
- Sales climbed by 6.3% despite a 1.2% decline in same-store sales.
- Arbitration proceedings of the JasmineSola brand, coupled with the charges related to clear the stock connected to "the loss of a JasmineSola lease," were the prime reasons for a 200 bps decline in the net margin.
- Factoring 61.3 million outstanding diluted shares, the company expects EPS in the range of $0.11 to $0.14 in the second quarter of fiscal 2007.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$284.0 |
$267.1 |
6.3% |
|
Net Profit |
$0.8 |
$6.1 |
(86.8%) |
|
EPS |
$0.01 |
$0.10 |
(90%) |
|
Diluted Shares |
60.9 |
59.7 |
1.9% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2007 |
Q1 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
27.6% |
29.6% |
(2.0) |
|
Operating Margin |
0.6% |
4% |
(3.4) |
|
Net Margin |
0.3% |
2.3% |
(2.0) |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$36.6 |
$26.9 |
36% |
|
Inventory |
$130.7 |
$130.2 |
0.4% |
|
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$76.1 |
$85.9 |
(11.4%) |
|
Long-Term Debt |
$24.0 |
$30.0 |
(20%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2007 |
Q1 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($21.5) |
($19.2) |
N/A |
|
Capital Expenditures |
$11.6 |
$17.4 |
(33.1%) |
|
Free Cash Flow |
($33.1) |
($36.5) |
N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
New York & Co. is a Motley Fool Hidden Gems recommendation. Find out why with a free 30-day trial.
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.
