These selected statistics are from recent annual reports of two well-known retailers.
Walmart Target
Percentage increase (decrease) in net sales...........................1.9%..................1.9%
Percentage increase (decrease) in gross profit........................1.9%..................0.5%
Percentage increase (decrease) in comparable store net sales......0.5%..................1.3%
a. Explain the significance of each of these three measures.
b. Evaluate briefly the performance of each company on the basis of these three measures.