Briefly explain the reasons for changes in profitability

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Problem - The information below was extracted from the financial statements of a clothing retailer.

RESULTS OF OPERATIONS

The following tables set forth the Company's condensed consolidated statements of earnings (loss) and supplemental information in thousands of dollars and as a Percentage of revenue for each of the last five fiscal years.

2181_table.png

Required: Comment on the trends in the above financial statements and briefly explain the reasons for changes in profitability. Would you consider investing in this company? Briefly explain your answer.

Reference no: EM131771805

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