Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What does the financial statement indicate? Is the company performing well? Summary of J.Crew Group, Inc.'s Financial and Operating Performance, Fiscal 2009-Fiscal 2013 (in thousands,
What does the financial statement indicate? Is the company performing well?
Summary of J.Crew Group, Inc.'s Financial and Operating Performance, Fiscal 2009-Fiscal 2013 (in thousands, unless otherwise indicated) EXHIBIT1 Year Ended For the Period Year Ended March 8 January 30 February 1, 2014 February 2, 2013 January 29, 2011 January 30, 2010 2011-January 2011-March 28, 2012 7, 2011 (Successor) (Successor)(Successor) (Predecessor) ( r) (Predecessor) Income statement data Total revenues Cost of goods sold, including buying and occupancy costs Gross profit Selling, general and administrative expenses Income (loss) from operations Interest expense, net Provision (benefit) for income taxes Net income (loss) Operating data Revenues $2,428,257 $2,227,717 $1,721,750 238 $1,722,227 $1,578,042 1 422,143 1,240,989 986,728 756,219733,070 253,658 101,684 55,887 $ 88,124 S 96,087 1,042,19770,284975,230 746,997 533,029 213,968 3,914 88.549 S (16,150) 121,505 882,385 695,657 484,396 211,261 5,384 82517 123,360 62,954 79,736 (16,782) 1,006,114 679,553 249,895 104,221 57550 104,676 91,683 S 12,409 Stores Direct Other $1,638,170 $1,546,619 651,480 29,618 $2,428,257 $2,227,717 $1,194,276 502,033 25,441 $1,721,750 $ 86,474 43,642 3,122 $133,238 $1,192,876 $1,110,932 428,186 755,915 490,594 38,757 38.92 Total revenues $1,722,227 $1,578,042 6.7% 3.9% Increase in comparable company sales Stores 12.6% Sales per gross square foot Stores open at end of period S671 $686 S601 $577 362 334Step 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