| Stage | ANF | % of rev | TJX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.3B | 100.00% | $15.2B | 100.00% | TJX ×11.98 |
| Gross profit | $901M | 71.10% | $5.1B | 33.41% | ANF +37.7pp |
| Operating income | $253M | 19.95% | $2.0B | 13.09% | ANF +6.9pp |
| Pre-tax income | $260M | 20.55% | $2.0B | 13.29% | ANF +7.3pp |
| Net income | $186M | 14.65% | $1.5B | 10.01% | ANF +4.6pp |
| Stage | ANF | TJX | Gap · A − B |
|---|---|---|---|
| Revenue | $1.3B100.00% | $15.2B100.00% | TJX ×11.98 |
| Gross profit | 71.10%$901M | 33.41%$5.1B | ANF +37.7pp |
| Operating income | 19.95%$253M | 13.09%$2.0B | ANF +6.9pp |
| Pre-tax income | 20.55%$260M | 13.29%$2.0B | ANF +7.3pp |
| Net income | 14.65%$186M | 10.01%$1.5B | ANF +4.6pp |