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Granite City Food & Brewery (Granite City Food & Brewery) Gross Profit : $18.3 Mil (TTM As of Jun. 2017)


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What is Granite City Food & Brewery Gross Profit?

Granite City Food & Brewery's gross profit for the three months ended in Jun. 2017 was $5.1 Mil. Granite City Food & Brewery's gross profit for the trailing twelve months (TTM) ended in Jun. 2017 was $18.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Granite City Food & Brewery's gross profit for the three months ended in Jun. 2017 was $5.1 Mil. Granite City Food & Brewery's Revenue for the three months ended in Jun. 2017 was $36.8 Mil. Therefore, Granite City Food & Brewery's Gross Margin % for the quarter that ended in Jun. 2017 was 13.93%.

Granite City Food & Brewery had a gross margin of 13.93% for the quarter that ended in Jun. 2017 => No sustainable competitive advantage


Granite City Food & Brewery Gross Profit Historical Data

The historical data trend for Granite City Food & Brewery's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite City Food & Brewery Gross Profit Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.23 21.19 21.61 24.02 20.25

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.17 3.90 4.59 4.73 5.13

Competitive Comparison of Granite City Food & Brewery's Gross Profit

For the Restaurants subindustry, Granite City Food & Brewery's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite City Food & Brewery's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Gross Profit distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Gross Profit falls into.



Granite City Food & Brewery Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Granite City Food & Brewery's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=150.302 - 130.049
=20.3

Granite City Food & Brewery's Gross Profit for the quarter that ended in Jun. 2017 is calculated as

Gross Profit (Q: Jun. 2017 )=Revenue - Cost of Goods Sold
=36.811 - 31.685
=5.1

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Granite City Food & Brewery's Gross Margin % for the quarter that ended in Jun. 2017 is calculated as

Gross Margin % (Q: Jun. 2017 )=Gross Profit (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=5.1 / 36.811
=13.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Granite City Food & Brewery  (OTCPK:GCFB) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Granite City Food & Brewery had a gross margin of 13.93% for the quarter that ended in Jun. 2017 => No sustainable competitive advantage


Granite City Food & Brewery Gross Profit Related Terms

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Granite City Food & Brewery (Granite City Food & Brewery) Business Description

Traded in Other Exchanges
N/A
Address
3600 American Boulevard West, Suite 400, Bloomington, MN, USA, 55431
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.
Executives
Lou Mucci director 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Peter Hausback officer: Chief Financial Officer 201 W NORTH RIVER DR, STE 100, SPOKANE WA 99201
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Gary S Kohler 10 percent owner 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Whitebox Intermarket Partners Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Advisors, Llc 10 percent owner 3033 EXCELSIOR BOULEVARD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund, Ltd. 10 percent owner TRIDENT TRUST COMPANY (BVI) LIMITED, TRIDENT CHMBRS WATERFRONT DR WICKHAM CAY, ROAD TOWN, TORTOLA D8 00000

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