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Cash Equivalents Of American Eagle

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Cash Equivalents Of American Eagle
The Cash Flow statement shown above provides a summary of the outflows and inflows of cash as well as the cash equivalents of American Eagle for the Fiscal period 2013 to 2017 and of its main competitor, Abercrombie and Fitch.
For the period 2013, American Eagle presents a net income above the $2,000. Nonetheless, for the fiscal 2013 to the Fiscal 2014, the company went down from a 6.7% to a 2.5%, respectably. This evident decline in the AEO’s net income was due to the decrease in sales the firm has during this year caused by a weak store traffic in North America and the challenging and high level of promotional activity. Compare to A&F, American Eagle has a higher net income that certain helps the company to be recognized as a fashion brand

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