Marks & Spencer Group's gross profit for the
six
months ended in Sep. 2023 was $7,592 Mil. Marks & Spencer Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $15,350 Mil.
Marks & Spencer Group PLC gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
Marks & Spencer Group Gross Profit Historical Data
The historical data trend for Marks & Spencer Group'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.
Competitive Comparison of Marks & Spencer Group's Gross Profit
For the Department Stores subindustry, Marks & Spencer Group'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.
Marks & Spencer Group's Gross Profit Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Marks & Spencer Group's Gross Profit falls into.
Marks & Spencer Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Marks & Spencer Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $15,350 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
(Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
* 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.
Marks & Spencer Group (OTCPK:MAKSY) 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
Marks & Spencer Group had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
Marks & Spencer Group Gross Profit Related Terms
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Marks & Spencer Group (Marks & Spencer Group) Business Description
M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.
Marks & Spencer Group (Marks & Spencer Group) Headlines
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