Abercrombie and Fitch Financial Statement Please use the Abercrombie & Fitch financial statement provided here to do in the following.
The paper needs to include those points below:
- The trend in net sales from 2012-2014.
– Is this a positive or negative trend, and
– how much is the company up or down in dollars
(remember the numbers are in thousands, so the top row is billions of dollars).
- Based on the numbers
– how are the buyers doing, meaning, how is the company doing in managing Cost of Goods Sold (COGS), (could find what happened )
– how is the trend in the Gross Margin figures?
– What is the exact trend in these areas in terms of dollars up or down? — What is the comparison of total Gross Margin percentage (GM $/Net Sales) over the 3-year period?
- Are there any steps that the company could take to capitalize on positive trends or reverse negative trends?