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.
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.