Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-05-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 |
Revenues | 9,643.1 | 9,643.1 | 8,931.0 | 9,348.5 | 8,536.1 | 8,064.6 | 7,963.8 | 7,561.1 |
Revenue growth | 8.0% | | -4.5% | 9.5% | 5.8% | 1.3% | 5.3% | -1.2% |
Cost of goods sold | 8,145.6 | 8,145.6 | 7,527.2 | 7,923.5 | 7,292.2 | 6,954.1 | 6,818.9 | 6,449.6 |
Gross profit | 1,497.5 | 1,497.5 | 1,403.9 | 1,425.0 | 1,243.8 | 1,110.4 | 1,144.9 | 1,111.5 |
Gross margin | 15.5% | 15.5% | 15.7% | 15.2% | 14.6% | 13.8% | 14.4% | 14.7% |
Selling, general and administrative | 1,428.9 | 1,427.8 | 1,291.7 | 1,322.6 | 1,172.4 | 997.4 | 1,015.0 | 963.2 |
EBITA | 32.4 | 69.3 | 92.3 | 80.6 | 90.3 | 156.3 | 174.8 | 183.4 |
EBITA margin | 0.3% | 0.7% | 1.0% | 0.9% | 1.1% | 1.9% | 2.2% | 2.4% |
Amortization of intangibles | 5.0 | | 5.2 | 5.7 | 5.8 | 5.8 | 5.5 | 3.0 |
EBIT | 27.4 | 69.3 | 87.1 | 74.9 | 84.5 | 150.5 | 169.3 | 180.4 |
EBIT margin | 0.3% | 0.7% | 1.0% | 0.8% | 1.0% | 1.9% | 2.1% | 2.4% |
Pre-tax income | 46.9 | 46.9 | 98.7 | 85.4 | 3.6 | 40.7 | -131.6 | 90.0 |
Income taxes | 12.4 | 12.4 | 24.9 | 9.5 | -2.3 | 6.9 | -79.0 | 32.9 |
Tax rate | 26.4% | 26.4% | 25.2% | 11.1% | | 17.0% | 60.0% | 36.6% |
Earnings from continuing ops | 34.5 | 34.5 | 73.8 | 75.9 | 5.9 | 33.8 | -52.6 | 57.1 |
Earnings from discontinued ops | | | | | -0.2 | -0.2 | -0.2 | -0.2 |
Net income | 34.5 | 34.5 | 73.8 | 75.9 | 5.7 | 33.6 | -52.8 | 56.8 |
Net margin | 0.4% | 0.4% | 0.8% | 0.8% | 0.1% | 0.4% | -0.7% | 0.8% |
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Diluted EPS | $0.95 | $0.95 | $2.05 | $2.12 | $0.17 | $0.96 | ($1.43) | $1.55 |
Shares outstanding (diluted) | 36.3 | 36.3 | 35.9 | 35.9 | 35.4 | 35.2 | 36.8 | 36.9 |
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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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