Student 1 Place name here

Student 2 Place name here

LOWE'S 10-YEAR FINANCIAL INFORMATION

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjI4OTEzfENoaWxkSUQ9LTF8VHlwZT0z&t=1
Fiscal Years Ended On 3-Feb-17 29-Jan-16 30-Jan-15 31-Jan-14
Stores and people
Number of stores 2365 1857 1,840 1,832
Selling square feet (in millions) 213 202 201 200
Number of employees (in thousands) 291 272 265 263
Total Customer transactions (in millions) 945 878 857 828
Average ticket $69 $67 $65.61 $64.52
Comparative income statements
Net sales (in millions) $65,017 $59,074 $56,223 $53,417

In-class assignment (working in pairs) All work is to be on this spreadsheet.

1. Data Integrity Rows 11, 12 and 14 are related. Check that the comp
Compute the absolute difference and absolute percen
2. Productivity Compute individual net sales productivity measures fo
I am asking for 3 different productivity measures for e
3. Productivity change What have been the year-to-year productivity changes
4. Graph in Excel Graph the 3 sets of productivity measures on one gra
5. Regression/Trend Line Use any Excel regression tool/function on each of the
10 years, has productivity with respect to number of s
the independent variable.
 Last accessed 6/9/2017
1-Feb-13 3-Feb-12 28-Jan-11 29-Jan-10 30-Jan-09 1-Feb-08

1,754 1,745 1,749 1,710 1,649 1,534

197 197 197 193 187 174
245 248 234 239 229 216
804 810 786 766 740 720
$62.82 $62.00 $62.07 $61.66 $65.15 $67.05

$50,521 $50,208 $48,815 $47,220 $48,230 $48,283

d. Check that the computation of Net sales is correct.

ce and absolute percentage difference between the net sales and the transactions*number of tickets
productivity measures for each of the 10 years based on number of stores, selling sq ft, number of employees
ductivity measures for each year
ear productivity changes over the 10 years for each of the 3 productivity measures?
y measures on one graph.
function on each of the 3 sets of productivity measures to determine the annual trend. For example, over the
respect to number of stores risen or fallen and by how much per year. Note, time is
Student 1 Place name here
Student 2 Place name here

LOWE'S 10-YEAR FINANCIAL INFORMATION

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjI4OTEzfENoaWxkSUQ9LTF8VHlwZT0z&t=1
Fiscal Years Ended On 3-Feb-17 29-Jan-16 30-Jan-15
Stores and people
Number of stores 2365 1857 1,840
Selling square feet (in millions) 213 202 201
Number of employees (in thousands) 291 272 265
Total Customer transactions (in millions) 945 878 857
Average ticket $69 $67 $65.61
Comparative income statements
Net sales (in millions) $65,017 $59,074 $56,223

1. Data Integrity Rows 11, 12 and 14 are related. Check that the com
Compute the absolute difference and absolute perce
Transactions * ticket $65,035 $59,054 $56,228
Absolute Difference 17.9 19.72 4.77
Percent Absolute Difference 0.0275% 0.0334% 0.0085%
Mean Absolute Percentage Difference (MAPE) 0.0267%
Maximum Absolute Percentage Difference 0.0573%
2. Productivity Compute individual net sales productivity measures
I am asking for 3 different productivity measures for
Net Sales/Number of stores 27.49 31.81 30.56
Net Sales/Square Feet 305.24 292.45 279.72
Net Sales/Number of Employees 223.43 217.18 212.16
3. Productivity change What have been the year-to-year productivity chang
Net Sales/Number of stores -13.58% 4.11% 4.80%
Net Sales/Square Feet 4.38% 4.55% 4.73%
Net Sales/Number of Employees 2.87% 2.37% 4.46%
4. Graph in Excel Graph the 3 sets of productivity measures on one gr
5. Regression/Trend Line Use any Excel regression tool/function on each of th
10 years, has productivity with respect to number of
the independent variable. (Because the graphs use E

350.00

300.00
f(x) = 0.0120520109x - 227.2352030882
250.00

200.00 f(x) = 0.0017480666x + 138.6028336985

150.00

100.00

50.00
200.00 f(x) = 0.0017480666x + 138.6028336985

150.00

100.00

50.00

f(x) = 8.88420845831122E-06x + 28.9186556264

0.00
10-Oct-06 22-Feb-08 6-Jul-09 18-Nov-10 1-Apr-12 14-Aug-13 27-De
ace name here
ace name here

LTF8VHlwZT0z&t=1
31-Jan-14 1-Feb-13 3-Feb-12 28-Jan-11 29-Jan-10 30-Jan-09 1-Feb-08

1,832 1,754 1,745 1,749 1,710 1,649 1,534

200 197 197 197 193 187 174
263 245 248 234 239 229 216
828 804 810 786 766 740 720
$64.52 $62.82 $62.00 $62.07 $61.66 $65.15 $67.05

$53,417 $50,521 $50,208 $48,815 $47,220 $48,230 $48,283

4 are related. Check that the computation of Net sales is correct.

ute difference and absolute percentage difference between the net sales and the transactions*number of tickets
$53,423 $50,507 $50,220 $48,787 $47,232 $48,211 $48,276
5.56 13.72 12 27.98 11.56 19 7
0.0104% 0.0272% 0.0239% 0.0573% 0.0245% 0.0394% 0.0145%

l net sales productivity measures for each of the 10 years based on number of stores, selling sq ft, number of employees
fferent productivity measures for each year
29.16 28.80 28.77 27.91 27.61 29.25 31.48
267.09 256.45 254.86 247.79 244.66 257.91 277.49
203.11 206.21 202.45 208.61 197.57 210.61 223.53
e year-to-year productivity changes over the 10 years for each of the 3 productivity measures?
1.23% 0.11% 3.09% 1.07% -5.59% -7.08%
4.15% 0.62% 2.85% 1.28% -5.14% -7.05%
-1.50% 1.86% -2.95% 5.59% -6.19% -5.78%
f productivity measures on one graph.
ession tool/function on each of the 3 sets of productivity measures to determine the trend. For example, over the
uctivity with respect to number of stores risen or fallen and by how much per year. Note, time is
ariable. (Because the graphs use Excel dates you need to be careful how you interpret the slope as shown on next sheet).)

Net Sales/Number of stores

Linear (Net Sales/Number of stores)
Net Sales/Square Feet
Linear (Net Sales/Square Feet)
Net Sales/Number of Employees
Linear (Net Sales/Number of Employees)
 Net Sales/Number of stores
Linear (Net Sales/Number of stores)
Net Sales/Square Feet
Linear (Net Sales/Square Feet)
Net Sales/Number of Employees
Linear (Net Sales/Number of Employees)

-Apr-12 14-Aug-13 27-Dec-14 10-May-16 22-Sep-17

er of tickets

umber of employees

ple, over the

hown on next sheet).)

stores)

)
ees
Employees)
stores)

)
ees
Employees)
Dates 2/3/2017 1/29/2016 1/30/2015 1/31/2014 2/1/2013 2/3/2012
Year Number 10 9 8 7 6 5
Sales/Number of stores 27.491332 31.811524 30.555978 29.157751 28.803307 28.772493
Sales/Square Feet 305.24413 292.44554 279.71642 267.085 256.45178 254.86294
Sales/Number of Employees 223.42612 217.18382 212.16226 203.10646 206.20816 202.45161

Graph using dates

350

300
f(x) = 0.0120520109x - 227.2352030882
250

200 f(x) = 0.0017480666x + 138.6028336985

150

100

50
f(x) = 8.88420845831122E-06x + 28.9186556264
0
10/10/2006 2/22/2008 7/6/2009 11/18/2010 4/1/2012 8/14/2013 12/27/2014 5/10/

Graph using year numbers

350

300
f(x) = 4.4015309035x + 244.1579649896
250

200 f(x) = 0.637809056x + 206.9787040475

150

100

50
f(x) = 0.0034695613x + 29.2649085709
0
0 2 4 6 8 1
 Slope Slope
based on based on
Slope based year date *
1/28/2011 1/29/2010 1/30/2009 2/1/2008 on date number 365
4 3 2 1
27.910234 27.614035 29.248029 31.475228 8.884208E-06 0.00347 0.003243
247.79188 244.66321 257.91444 277.48851 0.012052011 4.401531 4.398984
208.61111 197.57322 210.61135 223.53241 0.001748067 0.637809 0.638044

0882

Sales/Number of stores
6985 Linear (Sales/Number of stores)
Sales/Square Feet
Linear (Sales/Square Feet)
Sales/Number of Employees
Linear (Sales/Number of Employees)

.9186556264
2012 8/14/2013 12/27/2014 5/10/2016 9/22/2017

Sales/Number of stores
Linear (Sales/Number of stores)
Sales/Square Feet
Linear (Sales/Square Feet)
Sales/Number of Employees
Linear (Sales/Number of Employees)

6 8 10 12