Financial Analysis of Primark Essay
At present, the Primark Ltd has 162 stores located in the UK, Spain and Ireland. They are subsidiary of Penney Brand Company which is based in England and recently announced it has hired its 25,000th person among its stores (Nagdeman, 2009).
According to a recently research, the …show more content…
Industry sectors and competitors analysis
This chapter will concentrate on the industry sector, and financial situation of Primark and its two competitors: Next and New Look. The financial analysis tools, ratio analysis will be used to indicate and evaluate these three organisations. Figures and tables are available in this case study, calculation and data analysis are also provided (see more details information in Appendix). Moreover, the financial data (Balance sheet, Income statement and Cash flow) were collecting from Bloomberg and Hemscott Company Guru.
Industry refers to the production of an economic good or service within an economy (Dictionary Reference, 2011). Basically, industry sector refers to the organisations within the same industry. In this research study, Primark belongs to the retail industry. Morningstar Company Intelligence (2011) clearly illustrates four main areas of the retail industrial sector index, which include Market capitalisation, Turnover, number of