Financial Summary (All financials)
In millions, except per share items | Apr-27-19 | Apr-28-18 | Apr-29-17 | Apr-30-16 | May-02-15 | May-03-14 | Apr-30-13 | Apr-30-12 |
Revenues | 3,552.7 | 3,662.3 | 3,894.6 | 4,163.8 | 4,297.1 | 4,633.3 | 5,075.8 | 5,385.5 |
Revenue growth | -3.0% | -6.0% | -6.5% | -3.1% | -7.3% | -8.7% | -5.8% | -23.0% |
Cost of goods sold | 2,479.7 | 2,551.1 | 2,682.4 | 2,836.5 | 2,871.2 | 3,214.4 | 3,800.1 | 3,865.1 |
Gross profit | 1,073.0 | 1,111.2 | 1,212.2 | 1,327.3 | 1,425.9 | 1,418.9 | 1,275.7 | 1,520.5 |
Gross margin | 30.2% | 30.3% | 31.1% | 31.9% | 33.2% | 30.6% | 25.1% | 28.2% |
Selling, general and administrative | 936.7 | 997.3 | 1,039.7 | 1,176.8 | 1,192.1 | 1,287.2 | 1,380.7 | 1,458.6 |
EBITA | 39.0 | 8.2 | 55.4 | 15.7 | 96.0 | -27.0 | -285.3 | -125.4 |
EBITA margin | 1.1% | 0.2% | 1.4% | 0.4% | 2.2% | -0.6% | -5.6% | -2.3% |
Amortization of intangibles | 0.4 | 0.6 | 0.8 | 1.0 | 4.5 | 7.5 | | |
EBIT | 38.6 | 7.6 | 54.7 | 14.7 | 91.5 | -34.6 | -285.3 | -125.4 |
EBIT margin | 1.1% | 0.2% | 1.4% | 0.4% | 2.1% | -0.7% | -5.6% | -2.3% |
Pre-tax income | 3.1 | -137.7 | 46.8 | 5.9 | 72.5 | -66.1 | -315.8 | -155.0 |
Income taxes | -0.7 | -12.2 | 24.8 | -8.8 | 39.6 | 13.0 | -122.4 | -51.4 |
Tax rate | | 8.9% | 52.9% | | 54.7% | | 38.8% | 33.2% |
Earnings from continuing ops | 3.8 | -125.5 | 22.0 | 14.7 | 32.9 | -79.1 | -193.4 | -103.6 |
Earnings from discontinued ops | | | | | 3.5 | 31.9 | 35.6 | 38.8 |
Net income | 3.8 | -125.5 | 22.0 | -24.4 | 36.6 | -47.3 | -157.8 | -64.8 |
Net margin | 0.1% | -3.4% | 0.6% | -0.6% | 0.9% | -1.0% | -3.1% | -1.2% |
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Diluted EPS | $0.05 | ($1.73) | $0.30 | $0.20 | $0.54 | ($1.34) | ($3.32) | ($1.81) |
Shares outstanding (diluted) | 73.1 | 72.6 | 72.3 | 72.5 | 60.9 | 59.0 | 58.2 | 57.3 |
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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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