On Feb. 22, TJX
- Revenue ramped up 9%, and same-store sales jumped 3%.
- EPS, adjusted for tax and accounting charges, increased 24%.
- Operating margins ticked up 1 percentage point on better expense management.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q4 2005 |
Q4 2004 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$4,700 |
$4,716 |
$4,329 |
+8.9% |
|
Net Profit |
-- |
$289 |
$165 |
+75.0% |
|
EPS |
$ 0.44 |
$0.60 |
$0.33 |
+81.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2005 |
Q4 2004 |
Change |
|
|---|---|---|---|
|
Gross Margin |
23.11% |
22.08% |
+1.03% |
|
Op. Margin |
7.59% |
6.21% |
+1.37% |
|
Net Margin |
6.12% |
3.81% |
+2.31% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$466 |
$307 |
+51.6% |
|
Inventory |
$2,366 |
$2,352 |
+0.6% |
|
Accounts Rec. |
$309 |
$246 |
+25.5% |
|
Liabilities |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$783 |
$573 |
+36.7% |
|
Accounts Pay. |
$1,314 |
$1,276 |
+2.9% |
See inventories at work.
Cash Flow Highlights*
|
2005 |
2004 |
% Change |
|
|---|---|---|---|
|
Cash From Ops. |
$1,158 |
$1,077 |
+7.6% |
|
Capital Expend. |
$496 |
$429 |
+15.6% |
|
Free Cash Flow |
$662 |
$648 |
+2.3% |
*Cash flow numbers are for all of fiscal year 2005.
Related Companies:
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Dollar Tree
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Payless Shoesource
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Ross Stores
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Target
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Wal-Mart
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Related Foolishness:
- 2005 Lookin' Good for TJX: Fool by Numbers
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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.
At the time of publication, Fool analyst Andy Cross did not own shares in any company mentioned. Fool rules are here.
