Financial Summary (All financials)
In millions, except per share items | Aug-28-21 | Aug-29-20 | Aug-31-19 | Sep-01-18 | Sep-02-17 | Sep-03-16 | Aug-29-15 | Aug-30-14 |
Revenues | 3,243.2 | 3,192.4 | 3,363.8 | 3,203.9 | 2,887.7 | 2,863.5 | 2,910.4 | 2,787.1 |
Revenue growth | 1.6% | -5.1% | 5.0% | 10.9% | 0.8% | -1.6% | 4.4% | 13.4% |
Cost of goods sold | 1,909.7 | 1,849.1 | 1,931.8 | 1,810.9 | 1,601.5 | 1,574.6 | 1,593.8 | 1,500.9 |
Gross profit | 1,333.5 | 1,343.3 | 1,432.0 | 1,393.0 | 1,286.2 | 1,288.9 | 1,316.6 | 1,286.3 |
Gross margin | 41.1% | 42.1% | 42.6% | 43.5% | 44.5% | 45.0% | 45.2% | 46.1% |
Selling, general and administrative | 994.5 | 975.6 | 1,025.3 | 972.4 | 907.2 | 912.9 | 937.0 | 903.1 |
EBITA | 291.8 | 329.2 | 378.0 | 431.1 | 387.2 | 390.4 | 396.1 | 400.0 |
EBITA margin | 9.0% | 10.3% | 11.2% | 13.5% | 13.4% | 13.6% | 13.6% | 14.4% |
Amortization of intangibles | 10.9 | 11.5 | 11.7 | 10.5 | 8.2 | 14.5 | 16.6 | 16.9 |
EBIT | 280.9 | 317.8 | 366.3 | 420.6 | 379.0 | 376.0 | 379.5 | 383.2 |
EBIT margin | 8.7% | 10.0% | 10.9% | 13.1% | 13.1% | 13.1% | 13.0% | 13.7% |
Pre-tax income | 288.4 | 334.3 | 383.1 | 406.2 | 368.0 | 371.7 | 373.1 | 379.5 |
Income taxes | 70.4 | 82.5 | 94.3 | 77.0 | 136.6 | 140.5 | 141.8 | 143.5 |
Tax rate | 24.4% | 24.7% | 24.6% | 18.9% | 37.1% | 37.8% | 38.0% | 37.8% |
Net income | 216.9 | 251.1 | 288.9 | 329.2 | 231.4 | 231.2 | 231.3 | 236.1 |
Net margin | 6.7% | 7.9% | 8.6% | 10.3% | 8.0% | 8.1% | 7.9% | 8.5% |
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Diluted EPS | $3.87 | $4.51 | $5.20 | $5.81 | $4.06 | $3.79 | $3.76 | $3.79 |
Shares outstanding (diluted) | 56.1 | 55.6 | 55.5 | 56.7 | 57.0 | 61.1 | 61.5 | 62.3 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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