On Nov. 28, home furnishings retailer Restoration Hardware
- Sales grew 22%, same-store sales grew 3.9%, and the operating loss narrowed.
- No need to be alarmed: Inventory is up sharply to make sure there are enough goods to sell during the holiday season.
- Our CAPS investment community does not think much of Restoration Hardware, as only 16 of 44 investors pick it to outperform the S&P 500. If you have an opinion, bring it to Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$157.1 |
$128.4 |
22.4% |
|
Net Profit |
($5.7) |
($4.2) |
N/A |
|
EPS |
($0.15) |
($0.11) |
N/A |
|
Diluted Shares |
38.3 |
37.6 |
1.9% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
34.3% |
34.6% |
(0.3) |
|
Operating Margin |
(2.4%) |
(4.6%) |
2.2 |
|
Net Margin |
(3.6%) |
(3.3%) |
(0.3) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1.6 |
$3.6 |
(55.6%) |
|
Accounts Rec. |
$12.1 |
$9.4 |
28.7% |
|
Inventory |
$217.7 |
$164.1 |
32.7% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$80.3 |
$66.1 |
21.5% |
|
Long-Term Debt |
$110.9 |
$79.6 |
39.3% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Unfortunately, I can't finish the project without a cash flow statement.
Find out why Fools always follow the money.
Related Companies:
-
Pier 1
(NYSE:PIR) -
Bombay
(NYSE:BBA) -
Bed Bath & Beyond
(NASDAQ:BBBY)
Related Foolishness:
- Foolish Forecast: Restoration of Profits?
- Retail Preview
- Restoration's Shiny New Penny
- Raining on Restoration's Parade
Bed Bath & Beyond is both a Stock Advisor and an Inside Value recommendation. To find out why, take a free trial of both newsletters and compare.
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, David Meier did not own shares in any of the companies mentioned. Fool rules for disclosure are here.
