Based on the information given below write two paragraphs about if Publix and Kroger have good or bad Current developments. Use the Information to determine which company has better Current developments. Also add any Recommendations you have for each company to improve their Current developments.
Horizontal table for Kroger Income statement :
Income Statement |
01/31/2020 |
01/31/2019 |
01/31/2018 |
% of change in years 2018-2019 |
% of change in years 2019-2020 |
Total Revenue |
122,286,000,000 |
121,162,000,000 |
122,662,000,000 |
-1.22% |
0.93% |
Operating Revenue |
122,286,000,000 |
121,162,000,000 |
122,662,000,000 |
-1.22% |
0.93% |
Cost Of Revenue |
95,294,000,000 |
94,894,000,000 |
95,662,000,000 |
-0.80% |
0.42% |
Gross Profit |
26,992,000,000 |
26,268,000,000 |
27,000,000,000 |
-2.71% |
2.76% |
Operating Expense |
24,741,000,000 |
23,654,000,000 |
24,915,000,000 |
-5.06% |
4.60% |
Selling General And Administration |
22,092,000,000 |
21,189,000,000 |
22,479,000,000 |
-5.74% |
4.26% |
General And Administrative Expense |
22,092,000,000 |
21,189,000,000 |
22,479,000,000 |
-5.74% |
4.26% |
Salaries And Wages |
0 |
26,000,000 |
-100.00% |
||
Rent And Landing Fees |
884,000,000 |
884,000,000 |
911,000,000 |
-2.96% |
0.00% |
Other G and A |
21,208,000,000 |
20,305,000,000 |
21,568,000,000 |
-5.86% |
4.45% |
Depreciation Amortization Depletion Income Statement |
2,649,000,000 |
2,465,000,000 |
2,436,000,000 |
1.19% |
7.46% |
Depreciation And AmortizationIn Income Statement |
2,649,000,000 |
2,465,000,000 |
2,436,000,000 |
1.19% |
7.46% |
Operating income |
2,251,000,000 |
2,614,000,000 |
2,085,000,000 |
25.37% |
-13.89% |
Net Non Operating Interest Income Expense |
-603,000,000 |
-620,000,000 |
-601,000,000 |
3.16% |
-2.74% |
Interest Expense Non Operating |
603,000,000 |
620,000,000 |
601,000,000 |
3.16% |
-2.74% |
Horizontal table for Publix Income statement:
Income statement |
Year 2020 |
Year 2019 |
Year 2018 |
% of change through 2018-2019 |
% of change through 2019-2020 |
Revenues |
45203959 |
38462753 |
36395718 |
5.68% |
17.53% |
Cost of revenue |
32354606 |
27740469 |
26311391 |
5.43% |
16.63% |
Gross profit |
12849353 |
10722284 |
10084327 |
6.33% |
19.84% |
Other operating expense |
8837380 |
7833035 |
7339924 |
6.72% |
12.82% |
Gain (loss) on disposition of assets |
0 |
0 |
0 |
||
Operating expenses |
8837380 |
7833035 |
7339924 |
6.72% |
12.82% |
Other operating income |
0 |
0 |
0 |
||
Operating income (loss) |
4011973 |
2889249 |
2744403 |
5.28% |
38.86% |
Non Operating income (expense) |
1029333 |
899842 |
176565 |
409.64% |
14.39% |
Interest and debt expense |
4651 |
3105 |
0 |
49.79% |
|
Net income (loss), including portion attributable to noncontrolling interest |
3971838 |
3005395 |
2381167 |
26.22% |
32.16% |
Net income (loss) attributable to noncontrolling interest |
0 |
0 |
0 |
||
Net income (loss) attributable to parent |
3971838 |
3005395 |
2381167 |
26.22% |
32.16% |
Other comprehensive income (loss) |
119662 |
137051 |
-10088 |
-1458.55% |
-12.69% |
Comprehensive income (loss), net of tax, attributable to parent |
4091500 |
3142446 |
2371079 |
32.53% |
30.20% |
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