BENCHMARKS REPORT

Industry Measure: Business Segment Data
| SIC: | 5961 |
| INDUSTRY: | CATALOG, MAIL-ORDER HOUSES |
| BENCHMARKS FOR THE INDUSTRY |
| NO. OF SEGMENTS REPORTING IN THE INDUSTRY: 57 |
|
1997 SALES FOR THE INDUSTRY: $ 26446 (Total Sales in $Millions) |
|
OPERATING MARGIN: 4.1 (Allocated Operating Profits (divided by) Segment Sales) |
|
ASSET INTENSITY: 56.1 (Allocated Assets (divided by) Segment Sales) |
|
SALES GROWTH: 33.7 (Compound 3-Year Growth Rate in Sales for the Median Participant in the Industry) |
| BENCHMARKS FOR THE TOP FOUR COMPETITORS |
| ROA: Allocated Operating Profits (divided by) Allocated Operating Assets |
| Competitor/Rank by Sales |
Market Share (% Ind. Sales) |
ROA |
| #1: SPIEGEL INC -CL A |
11.6 | 1.8 |
| #2: CORPORATE EXPRESS INC |
9.2 | 4.8 |
| #3: MICRO WAREHOUSE INC |
8.0 | 7.4 |
| #4: COMCAST CORP -CL A SPL |
7.9 | 9.8 |
| Total of #1-4: | 36.7 | 7.3 |