Question
What are Gap's main brands? Banana Republic, Old Navy, Athleta, as well as Intermix, Weddington Way, and Piperlime (now closed). When is Gap's Fiscal year?
What are Gap's main brands? Banana Republic, Old Navy, Athleta, as well as Intermix, Weddington Way, and Piperlime (now closed).
When is Gap's Fiscal year? Gap's fiscal year runs February to January, so in 2017 January 28 was the end of their fiscal year.
What is Gap's net sales for the period ended January 28, 2017? $15,516 (Millions USD)
What is Gap's net income for the period ended January 28, 2017? $676 (Millions USD)
Compute Gap's profit margin for the year ended January 28, 2017. 4.35%
I think it does relate that Gap uses year-end of late January in relation to its natural business year due to the increase in volume in business that they would receive during the holidays in December/January.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started