P&L
P&L written out fully is this.
What is Profit and Loss?
Sales-Cost of Goods=
Gross Profit
Occupancy falls under this section of the P&L
What are Cost of Goods Sold?
This category header includes Payroll and Advertising.
What is Expenses?
This NCAA team was Natalies background today.
Who are the Kentucky Wildcats?
This is one of the lines in the P&L that are NOT controllable =.
What are Vendor allowances, Freight distribution, Fringe, or Advertising?
This expense is related to operating our overseas offices.
What are Foreign Offices?
True or False: Rent, CAM, and Real Estate Taxes are completely controllable expense.
False
Breakroom food charges fall under this account.
What is Personnel Relations?
This member of CORE 72 goes by the nickname "Wheels"
Who is Sam Wheeler?
A hotel charge could be found in this section of the P&L.
What is T&E Extract (Travel and Entertainment)?
Gross profit-store expenses=
Store contribution
Snow removal, lawn care, sidewalk and parking lot maintenance are all part of this type of expense.
What is CAM?
This expense covers national campaigns, radio, print, direct mail, and community marketing.
What is advertising?
These 4 pillars are the basis of Dicks 3.0
What is Teammate experience, Athlete Experience, Brand Love, Product differentiation?
Storage costs are found in this section of the P&L?
What is Occupancy
Freight and Distribution fall under this category of the P&L
What is Cost of Sales?
The cost of large assets ($1,000+) is spread across the P&L according to its...
What is it's Useful life?
TM benefits allocated as the same percentage of payroll to each store is known as this.
What are Payroll Fringes?
Roy has this many footballs in his office background
What is 3?
P&L's are typically posted on this cadence monthly.
10 business days after the close of the month
This section in cost of sales includes expenses associated with merchandise inventory out of balances commonly due to theft and improper inventory transactions.
What are Shrink Provisions?
Expense related to amortizing capital assets at each store
What is depreciation?
You can impact the cost of advertising campaigns at your store by doing this.
What is executing the plan in store to drive sales?
What category is missing from the Cost of Sales section?
-Merchandise Cost
-Foreign Office
-Shrink Provisions
-Occupancy
-Freight
-Distribution
What are vendor allowances