Financial Summary (All financials)
In millions, except per share items | Jun-28-23 | Jun-29-22 | Jun-30-21 | Jun-24-20 | Jun-26-19 | Jun-27-18 | Jun-28-17 | Jun-29-16 |
Revenues | 4,133.2 | 3,804.1 | 3,337.8 | 3,078.5 | 3,217.9 | 3,135.4 | 3,150.8 | 3,257.5 |
Revenue growth | 8.7% | 14.0% | 8.4% | -4.3% | 2.6% | -0.5% | -3.3% | 8.5% |
Cost of goods sold | 2,655.3 | 2,420.8 | 2,116.9 | 2,033.6 | 2,695.0 | 2,587.4 | 2,582.7 | 2,638.9 |
Gross profit | 1,477.9 | 1,383.3 | 1,220.9 | 1,044.9 | 522.9 | 548.0 | 568.1 | 618.6 |
Gross margin | 35.8% | 36.4% | 36.6% | 33.9% | 16.2% | 17.5% | 18.0% | 19.0% |
General and administrative | 154.5 | 144.1 | 134.8 | 136.3 | 149.1 | 136.0 | 132.8 | 127.6 |
EBIT | 152.7 | 163.2 | 201.7 | 78.6 | 235.0 | 233.6 | 260.3 | 321.3 |
EBIT margin | 3.7% | 4.3% | 6.0% | 2.6% | 7.3% | 7.5% | 8.3% | 9.9% |
Pre-tax income | 90.8 | 115.2 | 145.2 | 4.9 | 171.8 | 170.2 | 208.5 | 286.4 |
Income taxes | -11.8 | -2.4 | 13.6 | -19.5 | 16.9 | 44.3 | 57.7 | 85.8 |
Tax rate | | | 9.4% | | 9.8% | 26.0% | 27.7% | 29.9% |
Net income | 90.8 | 115.2 | 145.2 | 4.9 | 154.9 | 125.9 | 150.8 | 200.6 |
Net margin | 2.2% | 3.0% | 4.4% | 0.2% | 4.8% | 4.0% | 4.8% | 6.2% |
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Diluted EPS | $2.02 | $2.53 | $3.12 | $0.13 | $3.96 | $2.72 | $2.95 | $3.42 |
Shares outstanding (diluted) | 45.0 | 45.6 | 46.6 | 38.9 | 39.1 | 46.3 | 51.2 | 58.7 |
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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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