Financial Summary (All financials)
In millions, except per share items | Mar-02-19 | Mar-03-18 | Feb-25-17 | Feb-27-16 | Feb-28-15 | Mar-01-14 | Mar-02-13 | Feb-25-12 |
Revenues | 1,552.9 | 1,798.5 | 1,828.4 | 1,892.2 | 1,884.6 | 1,791.4 | 1,704.9 | 1,533.6 |
Revenue growth | -13.7% | -1.6% | -3.4% | 0.4% | 5.2% | 5.1% | 11.2% | 9.8% |
Cost of goods sold | 1,102.0 | 1,140.4 | 1,131.1 | 1,187.3 | 1,116.1 | 1,026.2 | 961.8 | 882.4 |
Gross profit | 450.9 | 658.2 | 697.3 | 705.0 | 768.5 | 765.3 | 743.1 | 651.2 |
Gross margin | 29.0% | 36.6% | 38.1% | 37.3% | 40.8% | 42.7% | 43.6% | 42.5% |
Selling, general and administrative | 587.5 | 576.0 | 581.8 | 578.8 | 594.9 | 550.9 | 513.1 | 475.2 |
EBIT | -188.1 | 28.6 | 60.9 | 75.2 | 127.3 | 175.5 | 199.0 | 154.8 |
EBIT margin | -12.1% | 1.6% | 3.3% | 4.0% | 6.8% | 9.8% | 11.7% | 10.1% |
Pre-tax income | -201.4 | 17.9 | 45.3 | 63.2 | 120.4 | 174.6 | 201.0 | 164.1 |
Income taxes | -2.5 | 6.3 | 15.1 | 23.5 | 45.2 | 67.1 | 71.6 | -4.8 |
Tax rate | 1.3% | 35.0% | 33.4% | 37.3% | 37.6% | 38.4% | 35.6% | |
Net income | -198.8 | 11.6 | 30.1 | 39.6 | 75.2 | 107.5 | 129.4 | 168.9 |
Net margin | -12.8% | 0.6% | 1.6% | 2.1% | 4.0% | 6.0% | 7.6% | 11.0% |
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Diluted EPS | ($2.46) | $0.14 | $0.37 | $0.46 | $0.82 | $1.01 | $1.20 | $1.48 |
Shares outstanding (diluted) | 80.7 | 80.3 | 81.0 | 85.4 | 92.1 | 106.2 | 108.3 | 114.4 |
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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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