Financial Summary (All financials)
In millions, except per share items | Feb-26-22 | Feb-27-21 | Feb-29-20 | Mar-02-19 | Mar-03-18 | Mar-04-17 | Feb-27-16 | Feb-28-15 |
Revenues | 24,568.3 | 24,043.2 | 21,928.4 | 21,639.6 | 21,529.0 | 22,927.5 | 20,770.2 | 26,528.4 |
Revenue growth | 2.2% | 9.6% | 1.3% | 0.5% | -6.1% | 10.4% | -21.7% | 3.9% |
Cost of goods sold | 19,461.8 | 19,338.9 | 17,201.6 | 16,963.2 | 16,748.9 | 17,862.8 | 15,778.3 | 18,951.6 |
Gross profit | 5,106.5 | 4,704.3 | 4,726.8 | 4,676.4 | 4,780.1 | 5,064.7 | 4,992.0 | 7,576.7 |
Gross margin | 20.8% | 19.6% | 21.6% | 21.6% | 22.2% | 22.1% | 24.0% | 28.6% |
Selling, general and administrative | 5,033.9 | 4,657.2 | 4,587.3 | 4,592.4 | 4,651.3 | 4,777.0 | 4,581.2 | 6,695.6 |
EBITA | 133.3 | 233.9 | 350.5 | 251.2 | 627.5 | 459.9 | 476.4 | 1,003.0 |
EBITA margin | 0.5% | 1.0% | 1.6% | 1.2% | 2.9% | 2.0% | 2.3% | 3.8% |
Amortization of intangibles | 78.0 | 89.0 | 103.9 | 125.6 | 147.7 | 165.6 | 131.4 | 118.1 |
EBIT | 55.3 | 144.8 | 246.6 | 125.6 | 479.7 | 294.4 | 345.0 | 884.9 |
EBIT margin | 0.2% | 0.6% | 1.1% | 0.6% | 2.2% | 1.3% | 1.7% | 3.3% |
Pre-tax income | -542.3 | -120.2 | -81.6 | -589.5 | -43.5 | 48.5 | 151.6 | 426.8 |
Income taxes | -3.8 | -20.2 | 387.6 | 77.5 | 306.0 | 44.4 | 49.5 | -1,682.4 |
Tax rate | 0.7% | 16.8% | | | | 91.6% | 32.7% | |
Earnings from continuing ops | -538.5 | -100.1 | -469.2 | -911.7 | -1,642.5 | 4.1 | 38.7 | 2,114.6 |
Earnings from discontinued ops | | 9.2 | 17.0 | 244.7 | 1,293.0 | 0.0 | 63.4 | |
Net income | -538.5 | -90.9 | -452.2 | -667.0 | -349.5 | 4.1 | 102.1 | 2,114.6 |
Net margin | -2.2% | -0.4% | -2.1% | -3.1% | -1.6% | 0.0% | 0.5% | 8.0% |
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Diluted EPS | ($9.96) | ($1.87) | ($8.82) | ($17.25) | ($31.30) | $0.08 | $0.04 | $2.08 |
Shares outstanding (diluted) | 54.1 | 53.7 | 53.2 | 52.9 | 52.5 | 53.0 | 1,042.4 | 1,017.9 |
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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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