On Feb. 14, Office Depot
- Revenue increased by 3.3%. Excluding the extra week in fiscal 2005, sales increased 8%, led by a strong performance in the international division.
- EPS increased by 41.2% because of an increase in net profit, further boosted by a 9% decrease in the diluted share count to 280.4 million.
- Office Depot completed the sale and short-term leaseback of its corporate headquarters, which resulted in a net pre-tax gain of $15.7 million.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$3,843.0 |
$3,719.1 |
3.3% |
|
Net Profit |
$135.0 |
$106.3 |
27.1% |
|
EPS |
$0.48 |
$0.34 |
41.2% |
|
Diluted Shares |
280.4 |
308.0 |
(9.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
31.2% |
31.1% |
0.1 |
|
Operating Margin** |
4.1% |
3.7% |
0.4 |
|
Net Margin |
3.5% |
2.9% |
0.7 |
**Excludes gain of sale.
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$173.6 |
$703.4 |
(75.3%) |
|
Accounts Rec. |
$1,480.3 |
$1,232.1 |
20.1% |
|
Inventory |
$1,560.0 |
$1,360.3 |
14.7% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$1,561.8 |
$1,324.2 |
17.9% |
|
Long-Term Debt |
$570.8 |
$569.1 |
0.3% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$827.1 |
$635.9 |
30.1% |
|
Capital Expenditures |
$343.4 |
$260.8 |
31.7% |
|
Free Cash Flow |
$483.7 |
$375.1 |
28.9% |
Find out why Fools always follow the money.
Related companies:
-
Staples
(NASDAQ:SPLS) -
OfficeMax
(NYSE:OMX) -
ACCO Brands
(NYSE:ABD) -
Wal-Mart
(NYSE:WMT) -
Target
(NYSE:TGT)
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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.
