1. Calculate the following for each of the 4 years and summarize each one on a separate slide. Show Calculations. Discuss direction and magnitude of any trends:

Gross Profit

Gross Profit Margin

Profit Margin

Inventory Turnover (for the most recent 3 years only)

REITMANS (CANADA) LIMITED CONSOLIDATED STATEMENTS OF EARNINGS For the years ended February 2, 2019 (52 weeks) and February 3, 2018 (53 weeks) (in thousands of Canadian dollars except per share amounts) Notes 2019 2018 (1) Sales $ 923.018 $ 964.413 Cost of goods sold S 413.505 440.070 Gross profit 509.513 524,343 Selling and distribution expenses 446.856 482,472 Administrative expenses 44 415 42,714 Impairment of goodwill 8 26,340 Results from operating activities 18.242 (27,183) Finance income 16 6.232 11.009 Finance costs 16 12.304 399 Earnings (loss) before income taxes 12,170 (16,573) Income tax expense (recovery) 9 5.405 (599) Net earnings (loss) $ 6,765 $ (15,974) Earnings (loss) per share: 17 Basic $ 0.11 $ (0.25) Diluted 0.11 (0.25)REITMANS (CANADA) LIMITED CONSOLIDATED STATEMENTS OF EARNINGS For the years ended January 28, 2017 and January 30, 2016 (in thousands of Canadian dollars except per share amounts) Notes 2017 2016 Sales $ 951,989 $ 937,155 Cost of goods sold 5 429,606 410.035 Gross profit 522,383 527,120 Selling and distribution expenses 478,541 498,650 Administrative expenses 42,824 46,154 Results from operating activities 1,018 (17,684) Finance income 17 12,820 7,998 Finance costs 17 2,716 16.443 Earnings (loss) before income taxes 11,122 (26,129) Income tax (expense) recovery 9 (190) 1.426 Net earnings (loss) $ 10,932 S (24,703) Earnings (loss) per share: 18 Basic S 0.17 S (0.39) Diluted 0.17 (0.39)