Another fellow ACCT11059 student, Kelly Morton, also had a retailer. I couldn’t help myself and wanted to create a mega graph! So I plotted my company: OrotonGroup, Sue’s company: Noni B, and Kelly’s company: Michael Hill’s Economic Profit and Profit Margins below.
If you haven’t read my first retail comparison, have a quick read through here.
Here goes.. mega graph:
In this light, 2014 really wasn’t a great year for our retail companies. The ABS data analysis from my previous blog post also shows a dip.
I think this graph shows though, that despite having a commonality of poor performance in 2014, every company is just so different. For example, Michael Hill had the lowest numbers of Economic Profit, despite having the highest, and most consistent profit margins (based on our restated financials).
The graph does show the average lines for Economic Profit and Profit Margin are very close together which I think is interesting.
Lots to talk about. Please leave comments below!