Collection Brands Inc. Reports Q3 results
Collection Brands Inc. (NYSE:PSS) has reported that its earnings for the fiscal third quarter of the year have increased by 29 percent. The company also reported increase in its revenue. Increased international presence also helped Collection Brands Inc. in improving its performance.
* Collection Brands Inc. earned $47.6 million in profit for the third quarter of the year.
* Collection Brands Inc. earned 75 cents per share, up from 57 cents per share it had earned for the corresponding quarter of the last year.
The company also improved its revenue by 1.7 percent. The company’s quarterly revenue stood at $881.8 million. Collection Brands Inc. was expected to report its earnings at 51 cents per share. Its revenue was expected to stand at $857 million. The company also improved its gross margin from 36 percent to 37.3 percent. However, its revenue from Payless domestic stores fell 5.1 percent, although wholesale revenue was up 27 percent. Payless domestic announced 21 percent drop in its profits but the wholesale section reported increase in its revenue from $100,000 to $7.3 million. International revenue increased 7.7 percent and profits jumped 71 percent for the quarter.
Key Financial Stats
Valuation
* Price/Earnings(TTM)11.40
* Price/Cash Flow4.50
* Price/Sales (TTM)0.34
* Price/Book1.39
Financial Strength
* Quick Ratio (MRQ)1.20
* Current Ratio (MRQ)2.70
* LT Debt to Equity (MRQ)0.93
* Total Debt to Capital (MRQ)0.94
* Return on Equity13.40
Assets
* Asset Turnover1.50
* Asset per Employee77414.81
* Inventory Turnover4.20
Per Share Data
* Earnings (TTM)1.54
* Current P/E Ratio2.70
* Cash Flow3.90
* Annual Dividend0.00
* Book Value12.70
* EBITDA5.50
Profitability
* Market Cap1.54
* Gross Margin (TTM)39.70
* Operating Margin (TTM)5.50
* Profit Margin (TTM) 3.30
Management Effectiveness
* Return on Equity (TTM)13.40%
* Return on Assets (TTM)4.80%
* Return on Investment (TTM)6.90%
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