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    “LL Bean Inc. Founded by Louis B. “Bud” Biddle, in 1912, is one of the most successful lifestyle brands. Its “Boatman’s Boot” was introduced in 1955 and made it a leading retailer of men’s and women’s footwear. LL Bean Inc has three distinct and unique competitive advantages in footwear: (1) exceptional customer service, (2) superior quality of the products, and (3) long-term relationships with its

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    Financial Analysis

    In 1992, LL Bean Inc announced its results for the year. The results were not that impressive compared to the previous years. The company reported net sales of $479 million, a decrease of 2%. However, it managed to beat the expectations. look at this site The company’s profit margin was 34.2%, which was a decline from 41.2% in 1991. The gross margin was 22%, which was also a decline from 26% in the same year. I would