Revenues as Reported
12 months ended: | Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | Mar 2, 2019 | Mar 3, 2018 | Feb 25, 2017 | |||||||
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Net sales | 7,867,778) | 9,233,028) | 11,158,580) | 12,028,797) | 12,349,301) | 12,215,757) |
Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).
- Trend Analysis of Net Sales
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The net sales figures demonstrate a generally declining trend over the analyzed six-year period. Starting at approximately 12.22 billion US dollars in February 2017, sales experienced a slight increase to about 12.35 billion US dollars in March 2018, indicating a marginal increase during this one-year interval.
Following this peak, net sales began a downward trajectory, decreasing to roughly 12.03 billion US dollars by March 2019. This decline persisted and intensified in subsequent years, with sales dropping to around 11.16 billion US dollars in February 2020.
The most notable decreases occurred thereafter, with net sales falling sharply to approximately 9.23 billion US dollars in February 2021 and further declining to about 7.87 billion US dollars by February 2022.
Overall, the company experienced a reduction in net sales of approximately 35.6% over the six-year period, pointing to significant challenges in maintaining sales volumes or pricing power. The marked decreases in the last two years suggest external pressures or operational difficulties may have strongly impacted revenue generation.