Comparing the Annual Financial Statements of H&M and A&F

Abercrombie & Fitch Co. (A&F) is a fashion retailer that sells casual apparel, personal care products, and accessories to customers across North America, Europe, and Asia. The financial and the consulting industry in the tertiary sector of the economy generate revenue through providing services, knowledge, and skills. Unlike these industries, A&F is a retailer that generates revenue through selling its products. A&F has two subsidiaries brand, Hollister Co. and Abercrombie Kids, which operate not as spinoffs, but as divisions under the A&F umbrella.

Abercrombie & Fitch (A&F), an American retailer that concentrates on upscale casual wear for young consumers, which was founded in Manhattan, New York City in June 4, 1892 by two young minds of David T. Abercrombie and Ezra Fitch. Beginning with a rough journey of selling sporting outfits and excursion goods such as fishing and hunting equipment, A&F had to file bankruptcy in 1977. Soon thereafter, the company was revived after Jake Oshman, owner of Oshman Sporting Goods, bought A&F in 1978. A&F was relaunched as a mail-retailer company specializing in hunting wear and novelty items, but was bought by The Limited ten years after its revival. The gradual shift to focusing on apparels for young consumers began when A&F was a subsidiary of Limited Brands, and since then, A&F has grown to become one of the largest apparel firms in the United States. In 1998, A&F launched Abercrombie Kids, targeting consumers from age 7-14, which further increases its revenue. In 1999 to early 2000s, A&F’s sales skyrocketed as it hit its zenith, by portraying A&F clothing as the “coolest thing” through billboard-winning song that compliments A&F in the lyrics, as well as other advertisements. Furthermore, A&F launched a subsidiary called Hollister to tackle similar age group of target audience but with lower income. This expansion to dominate the market of teenagers through consideration of other demographic factor, namely income, was exceptional for A&F’s revenue. Presently, A&F focused on

Sales from existing stores declined 1.4% in the period. Macy’s total sales declined to $6.2 billion in the three months through Nov. 1, compared to $6.3 billion a year ago. Macy’s revised its estimated earnings to $4.25 to $4.35 per share, a decrease from the previous estimate of $4.40 to $4.50 per share. Additionally, sales predictions were also revised to reflect lower figures of 0.7% to 1%. These figures exclude recently opened and closed stores during the year. Their Gross margin for the current quarter still remains flat at a 39.2%. The company has accomplished savings of $100 million per year by cutting jobs (Kapner,

Abercrombie and Fitch has become a household name and you can find one of their three division stores in your local mall and or shopping center. The stores under Abercrombie and Fitch are Hollister and Gilly Hicks Brand. I have conducted an analysis that illustrates the strengths and weaknesses of Abercrombie and Fitch. This company strives off of their strengths, which included customers having great accessibility each of their divisions. They have a higher profit after they were able to close some of their stores to focus on their stores that high profitability and revamping those. Abercrombie and Fitch were able to get high brand names such as Ralph Lauren to help bring a fresh new style into the store that in turn doubled the net income

In order to understand financial statements better, two healthcare organizations, one for-profit and the other non-profit, will be selected and their financial statement will be reviewed. The first healthcare organization that was selected was Adeptus Health, Inc. (Adeptus), a for-profit entity. Adeptus was founded in 2002, and currently serves communities in Colorado, Texas, and Arizona, with partnerships within Ohio and Louisiana (Adeptus, 2016). The company was founded to improve services within the emergency room (ER) setting by offering the community eighty-one free standing ERs and two ER facilities within a fully licensed hospital, as of the end of 2015 (Adeptus, 2016). Adeptus boasts being one of the best companies to work for in Texas in 2016, and has won the Press Ganey Guardian of Excellence Award for three consecutive years, since 2013, which is awarded to ERs that exceed patient satisfaction over the ninety-five percentile across the country (Adeptus, 2016). The company aspires to provide high-quality care that is patient-centered while being cost effective and supportive to their staff.

The structure of the paper will be as follows: First, the purpose and objectives of the fnancial analysis will be streched out, and the target audience will be identified. Second, an initial review of the company that will be taken into consideration, "ABERCROMBIE & FITCH" will be conducted. Third, horizontal and vertical analyses with the help of the three major financial statements of the Abercrombie&Fitch Annual Report (Income Statement, Balance Sheet, and Statement of Cash Flows) will be conducted. Unusual trends will be identified. Additionally, ratios for the financial statemenst will be classified into four broad groupings, based on the characteristics that particular

The two most recent annual reporting periods for Macy’s, Inc. cash and cash equivalents are FY 2009 (ending January 30, 2010) and FY 2010 (ending January 29, 2011). FY 2009 cash and cash equivalents were $1,686 million. By January 30, 2011, cash and cash equivalents had decreased by more than 13% to $1,464 million.

Macy’s Inc. is one of the nation’s premier retailers operating more than 850 department stores and employing approximately 182,000 employees in the United States. Macy’s takes pride in selling numerous private label

I am very pleased to state that Urban Outfitters is doing exceptionally well compared to our competitor Abercrombie and Fitch. I picked this competitor to complete a stock analysis because Abercrombie and Fitch has been a big leading competitor for many years. They sell clothing geared towards men, women, and children. The companies are known as Abercrombie Kids and, Hollister Co. Urban Outfitters owns Anthropologies, Free People, Terrain, and Bhldn. Considering they have been competitors for many years and both own several clothing brands targeted to different groups of people they are worth comparing.

Abercrombie & Fitch was founded in 1892 by David Abercrombie as a sporting goods store. David Abercrombie formed a partnership with Ezra Fitch and they continued to expand the company into the 20th century. When David Abercrombie left the company, Ezra Fitch became the sole owner and continued to bring success to the company. After Ezra Fitch retired the company continued under a group of new leaders until its financial fall and closing in 1977. The company was purchased by Limited Brands in 1988 and they brought in Mike Jeffries to revolutionize the image of Abercrombie & Fitch to a youthful fashion retailer. By the 90s, there were dozens of Abercrombie & Fitch stores located all around the United States. On September

From 2011 to 2012, the Z- Score of Abercrombie & Fitch Corp. increased from 3.29 to 4.27, this increase is mainly contributed to the increase of ME/TL ratio (Market value of Equity/ Total Liability), which raised from 1.63 to 3.09. The ME/ TL ratio can indicate that A & F have more investment asset than financing asset. This ratio is important for the company’s owners and investors, as in some sense it shows market’s reaction to company’s financial position. The higher value of the ratio, the better it is for the company. The rise of this ratio is probably because of the earning rising in third quarter, 2012. Abercrombie & Fitch Co.'s ANF fiscal third-quarter earnings rose 40% as the teen apparel retailer posted stronger margins and stronger

Despite Abercrombie & Fitch’s efforts to win back loyal consumers with their new rebranding initiative, the company continues to experience a decline in annual revenue and dismal growth coupled with a poor return on investment, making it a risky investment option for potential shareholders. According to the company’s annual report, Abercrombie & Fitch saw a decline in revenue from $4,116.90 billion in February 2014 to $3,744.03 billion in 2015 with fourth-quarter revenues falling nearly 14% to $1.12 billion (Abercrombie & Fitch 41). The company contributed its dismal report to a decrease in the number of operational stores at the end of Q4 fiscal 2014, weak consumer demand for both Hollister and Abercrombie & Fitch, slowing growth in

This report is to compare the financial situations of two companies in the restaurant industry, Darden Restaurants Inc. of Florida and Brinker International Inc. of Texas. The report will provide a detailed analysis and summary of several things including financial analysis, industry history and analysis, both companies history and analysis, vertical and horizontal analysis, and the creditworthiness of each company.

Being an upscale industry, Abercrombie and Fitch would appear to be a successful corporation. Although the company was once successful for a number of years, it’s apparent that there has been a significant decline in its overall appeal and how much revenue the company acquires each year. With just over 1,000 retail stores in the U.S., Canada, and Europe, Abercrombie and Fitch has thrived to be one of the most avid corporate extensions.

One of the most important profitability metrics is return on equity. Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity. It’s what the shareholders “own”. A business that has a high return on equity is more likely to be one that is capable of generating cash internally. For the most part, the higher a company’s return on equity compared to its industry, the better.