Fourlis Holdings (ATH:FOYRK) Gross Margin % : 45.56% (As of Jun. 2023)

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What is Fourlis Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fourlis Holdings's Gross Profit for the six months ended in Jun. 2023 was €112.4 Mil. Fourlis Holdings's Revenue for the six months ended in Jun. 2023 was €246.7 Mil. Therefore, Fourlis Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 45.56%.

The historical rank and industry rank for Fourlis Holdings's Gross Margin % or its related term are showing as below:

ATH:FOYRK' s Gross Margin % Range Over the Past 10 Years
Min: 39.26 Med: 42.75 Max: 45.06
Current: 45.06

During the past 13 years, the highest Gross Margin % of Fourlis Holdings was 45.06%. The lowest was 39.26%. And the median was 42.75%.

ATH:FOYRK's Gross Margin % is ranked better than
64.84% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs ATH:FOYRK: 45.06

Fourlis Holdings had a gross margin of 45.56% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fourlis Holdings was 0.60% per year.

Fourlis Holdings Gross Margin % Historical Data

The historical data trend for Fourlis Holdings's Gross Margin % 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.

Fourlis Holdings Gross Margin % Chart

Fourlis Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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42.98

43.41

41.30

43.86

45.03

Fourlis Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															43.63	44.03	45.57	44.64	45.56

Competitive Comparison of Fourlis Holdings's Gross Margin %

For the Specialty Retail subindustry, Fourlis Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Fourlis Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fourlis Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fourlis Holdings's Gross Margin % falls into.

Fourlis Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Fourlis Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	225.8	/	501.379
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(501.379 - 275.597)	/	501.379
	=	45.03 %

Fourlis Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	112.4	/	246.731
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(246.731 - 134.324)	/	246.731
	=	45.56 %

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.

Fourlis Holdings (ATH:FOYRK) Gross Margin % 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

Fourlis Holdings had a gross margin of 45.56% for the quarter that ended in Jun. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Fourlis Holdings Gross Margin % Related Terms

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Fourlis Holdings (ATH:FOYRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fourlis Holdings SA (ATH:FOYRK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-20 Sorou street, Building A, Maroussi, GRC, 15125

Website

https://www.fourlis.gr

Fourlis Holdings SA is engaged in providing quality consumer durable goods. Its commercial activity is expanding in the market of Greece, Cyprus, Bulgaria, Turkey, and Romania. The company operates its business through two segments which include the Retail trading of home furniture and household goods segment under the franchise of IKEA stores and the Retail trading of sporting goods segment through the franchise of INTERSPORT and TAF stores.

Fourlis Holdings (ATH:FOYRK) Headlines

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