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Just for Feet Case Study Review

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Submitted By TiffanyHale
Words 574
Pages 3
Tiffany Hale

AC503-02

Unit 3 Project

1.

JUST FOR FEET, Inc.

Income Statement

Years ended January 31st

| |1996 |1997 |1998 |
|Net sales |100% |100% |100% |
|Cost of sales |57.54% |58.46% |58.38% |
|Gross Profit |46.24% |41.54% |41.62% |
|Other revenues |0.23% |0.23% |0.17% |
|Operating expenses: | | | |
| Store operations |27.04% |29.18% |30.01% |
| Store opening costs |4.38% |1.41% |1.76% |
| Amortization of Intangibles |0.07% |0.25% |0.27% |
| General & Administrative Expenses |3.07% |3.77% |3.14% |
| Total Operating Expenses |34.57% |34.60% |35.18% |
|Operating income |8.12% |7.17% |6.61% |
| | | | |
|Interest Expense |-0.32% |-0.30% |-1.04% |
|Interest Income |1.85%

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