The paper is about the company American Eagle Outfitters, Inc. Throughout the paper will explain different products American Eagle sell. Balance sheet, Income statements, and Cash flow statement are important to any business., Net income is cash the company have after all transactions. This paper will discuss the company American Eagle Outfitters, Inc. The American Eagle Outfitters sells a variety in clothing the American Eagle brand. The outfitters stand for shirt, pants, and more. The company sells everything a customer’s need. The clothing they sell is pants, t-shirts, shorts, and accessories. The outwear sold in the winter as well as fleece, coats, sweaters, and long sleeves. Their goal is to provide the best quality for everyone with value and style. They target women and men from ages 15 to 25-year-old. Other age …show more content…
The two years are January 31,2015 and February 1,2014. The Statements of Operations has three years for the present. The three years are January 31,2015, February 1,2014, and February 2,2013. The most recent one is January 31,2015 for that current year. The Cash Flow Statements has three recent years. The first one is January 31, 2015 for Statement of Operations and Cash Flow Statements is January 31,2015 both statements dated for the same year. The amount of net income for Income Statements is $80,322 as well as Cash Flow Statements. (Bethel University,2017). Balance sheet does not show a revenue earned for the most recent year. Income Statements known as Statement of Operations shows the revenue for the year is February 3,2018. On the date of February 3,2018, the total revenue is $3,795,549.00. The Cash Flow Statements has nothing listed for a revenue. The only one listed is the income statements which are statement of operations(AEO,2018). The financial statements audited through investors and the ownership of the company. The auditor for the company are investors and how the operations
Income Statements: The income statement for the American Eagle 10-K form is for three fiscal years. The fiscal year goes from February 2, 2013 to February 1, 2014, then from February 1, 2014 to January 31, 2015. This sheet will tell you the financial increase or decrease in the thousands of dollars (Bethel University, 2017). Cash flow statements: The cash flow statement has the same three recorded years seen in the income statement. The years range from February 2, 2013 to February 1, 2015, then from February 1, 2014 to January 31, 2015.
They company has already established itself strongly as an American company, through building credibility and supporting national identity. It is clearly the apparel brand of all of America, and therefore must be a trustworthy source to listen to and buy from. Additionally, its “vertical integration” page furthers the idea that this a trustworthy company that should be bought from. The company prides itself on the combination of factors of production such as manufacturing, design, marketing, accounting, retail and distribution. This page states that this strategy is “not only smart for our company, but for our community, our local and regional economy, our environment, and, in turn, our customers”.
The assortment of products allows Vera Bradley customers to purchase often for not only themselves but for family and friends, which allows them to become loyal customers. Quality is crucial for creating lasting, loyal customers, which Vera Bradley has successfully done by combining consumer needs with great designs. With that kind of quality the company is able to take advantage on creating fashionable products that last. It also gives them an edge in competitive advantage to other department stores that are not able to keep up the pace with trendy specialty companies like Vera Bradley. Keeping an eye on fashion trends as well as new style appeals to the company’s target market allows the company to consumers that keep coming
What amount of revenue was earned in the most recent year? Are the financial statements audited? If so, who is the auditor
According to the net income formula and the data we have above: Net income = total net revenue –total expense Total net revenue = $5,235,449 Total Expenses = $4,073,757 Net income ($5,235,449- $4,073,757 = $1,161,692 The company expenses were reviewed and added up and subtracted from the operating income which showed that the company had net income of $1,161,692. What this mean, this means that the company had a net profit of $1,161,692 the year ending 2014. According to Meridian administrator there was no charitable organization involved in helping pay for any patient in the year 2014.
American Eagle Outfitters is an apparel store that also owns the sub-brand Aerie, primarily a lingerie store. The company started out with and was incorporated by Jerry and Mark Silverman, before the company was bought out by the Schottenstein family and AE began to flourish and rapidly grow into the store it is today. AE hit milestones such as trading on the NASDAQ stock exchange and opening the Aerie lingerie stores. American Eagle Outfitters made a mark on today’s world of retail, and is now known for its body positive images and making an effort to help the community. This lead to them making many good ethical decisions, one of which that being their collaboration with the Better Work program and Business for Social Responsibility to support
Products and Services American Eagle Outfitters is an American attire and frill retailer with mainly expertly made, superb jeans. They remain behind their denim gathering and put their hard work into planning the best fits, the most recent washes and sizes intended for everyone. The full gathering incorporates realistic T-shirts, polo, embellishments, outerwear, footwear and the sky is the limit from there, all focused toward the 15-25 year old client who shops at American Eagle Outfitters stores, standalone Aerie stores and the organization's sites (ae.com/aerie.com). AEO makes garments that fits our clients' lives, all made to take and make your own. They claim to be genuine, fit to everybody and an American style.
American eagle also wants to make sure all clothing fits each customer regardless of the size. American eagle also has a brand named aerie which main customers are woman. Aerie is a brand that help woman feel beautiful and feminine while sleeping. Aerie and American eagle also have online
Macy’s Inc. started in 1858 in New York City as a dry goods store. By the end of the first year, sales had grown and by 1877, R. H. Macy & Co. had become a department store undergoing expansion. The company was revolutionary in its industry by launching such practices as the one-price system, at which, items were sold to all customers at one price. Macy’s also pioneered the practice of advertising specific items for good in newspapers among others. Over time, the company has become of the biggest department store chain in the United States with locations across the country and an active website.
Two college dropouts borrowed money from family and friends to open a small business called Saferway in Texas. This occurred in 1978 by John Mackey and Renee Lawson (Hardy). In 1980 the two joined forces with Craig Weller and Mark Skiles and created Whole Foods Market. Seven months later Texas got hit with the worst flood in history.
As a young woman fashion has always appealed to me. Fashion is a form of expression through which individuals illustrate their different personalities. Inspiration for my sense of style is usually derived from Pinterest, magazines, Youtube, Instagram pages and fashion bloggers. Some of my favorite clothing brands include; Forever 21, Hollister, Free People, Nike, Reebok, Puma, American Eagle and American Apparel. Although each brand sells different styles of clothing, they all have one major similarity that is the primary reason for their success in sales and business.
Urban Outfitters Inc is a specialty retail company that offers quality products. It owns and operates strong, unique brands such as Urban Outfitters, Anthropologies, Free People Terrain and Bhldn. Its brands cater to a unique lifestyle. Its stores are not just another retail store in the mall; they have a unique look and feel. For each brand, the company has a well-defined value proposition and tries to deliver on that.
Sorena Company asked that our firm not close its revenue accounts at the end of the company’s fiscal year. After researching the issue on it is my opioid that Accounting Services deny Sorena Company request. First, if we close Sorena Company revenue later then the end of the fiscal year it could cause the firm to deal with in wanted legal issues. If using a fiscal year, you must maintain your books and records and report income and expenses using the same tax year. ("Publication 538 (3/2008), Accounting Periods and Methods," n.d.)
Their target customers are young people in all kinds of education levels, religions, race and nationality. The occupation of their target customers could be very wide but mainly are sports player and athletics. It is because athletics are more rapidly to use sports products than other people. Their target customers are from different generations: Generation X, Generation Y. Psychographic Their target customers are people who care more about the utility and quality of the product than the price.
The target market of louis Vuitton in divided into two key segments, the wealthy middle aged women from 35 to 54 years old is the first segment while the fashionable young female adults from the age 18 to 34 years old who have income saved to buy one wishes. Average customer of Louis Vuitton are high level & social class people who are into fashion and very conscious as well. High social status is achieved by owning such products from Louis Vuitton. Demographic Segmentation Louis Vuitton has used Demographic segmentation to segment the market.