Financial Summary (All financials)
In millions, except per share items | Feb-26-11 | Feb-27-10 | Feb-26-09 |
Revenues | 8,078.5 | 8,813.6 | 9,516.2 |
Revenue growth | -8.3% | -7.4% | |
Cost of goods sold | 5,677.8 | 6,146.8 | 6,613.2 |
Gross profit | 2,400.7 | 2,666.8 | 2,903.0 |
Gross margin | 29.7% | 30.3% | 30.5% |
Selling, general and administrative | 2,737.1 | 2,790.2 | 2,978.1 |
EBIT | -222.5 | -618.9 | 158.7 |
EBIT margin | -2.8% | -7.0% | 1.7% |
Pre-tax income | -677.2 | -802.6 | -115.2 |
Income taxes | -3.8 | -22.0 | 2.7 |
Tax rate | 0.6% | 2.7% | |
Earnings from continuing ops | -673.4 | -780.7 | -117.9 |
Earnings from discontinued ops | -58.0 | -95.8 | -58.4 |
Net income | -598.6 | -876.5 | -171.6 |
Net margin | -7.4% | -9.9% | -1.8% |
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Diluted EPS | ($12.54) | ($14.67) | $0.00 |
Shares outstanding (diluted) | 53.7 | 53.2 | 50,948.2 |
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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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