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BBQ Holdings (BBQ Holdings) Gross Profit : $112.2 Mil (TTM As of Jun. 2022)


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What is BBQ Holdings Gross Profit?

BBQ Holdings's gross profit for the three months ended in Jun. 2022 was $32.8 Mil. BBQ Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2022 was $112.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BBQ Holdings's gross profit for the three months ended in Jun. 2022 was $32.8 Mil. BBQ Holdings's Revenue for the three months ended in Jun. 2022 was $79.9 Mil. Therefore, BBQ Holdings's Gross Margin % for the quarter that ended in Jun. 2022 was 40.99%.

BBQ Holdings had a gross margin of 40.99% for the quarter that ended in Jun. 2022 => Durable competitive advantage


BBQ Holdings Gross Profit Historical Data

The historical data trend for BBQ Holdings'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.

BBQ Holdings Gross Profit Chart

BBQ Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.16 29.25 37.45 50.14 91.18

BBQ Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 21.16 23.85 29.16 26.44 32.77

Competitive Comparison of BBQ Holdings's Gross Profit

For the Restaurants subindustry, BBQ Holdings'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.


BBQ Holdings's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BBQ Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where BBQ Holdings's Gross Profit falls into.



BBQ Holdings Gross Profit Calculation

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

BBQ Holdings's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=206.442 - 115.266
=91.2

BBQ Holdings's Gross Profit for the quarter that ended in Jun. 2022 is calculated as

Gross Profit (Q: Jun. 2022 )=Revenue - Cost of Goods Sold
=79.938 - 47.168
=32.8

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $112.2 Mil.

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

BBQ Holdings's Gross Margin % for the quarter that ended in Jun. 2022 is calculated as

Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=32.8 / 79.938
=40.99 %

* 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.


BBQ Holdings  (NAS:BBQ) 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

BBQ Holdings had a gross margin of 40.99% for the quarter that ended in Jun. 2022 => Durable competitive advantage


BBQ Holdings Gross Profit Related Terms

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BBQ Holdings (BBQ Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12701 Whitewater Drive, Suite 100, Minnetonka, MN, USA, 55343
BBQ Holdings Inc operates restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has company-owned and franchise-operated restaurants in the United States, Canada, and the UAE and it operates within the industry segment of foodservice. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as cornbread, potato salad, coleslaw, Shack Fries, and Wilbur Beans.
Executives
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jeffrey Crivello director 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Bryan Lowell Wolff director C/O FAMOUS DAVE'S OF AMERICA, INC., 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Albert W. Hank officer: Chief Operating Officer 12701 WHITEWATER DRIVE #100, MINNETONKA MN 55343
Jason Schanno officer: Chief Financial Officer 643 2ND AVENUE NW, `FOREST LAKE MN 55025
Rachel Maga director 1815 EAST CARSON STREET, PITTSBURG PA 15203
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
James Gerhard Gilbertson officer: CFO 3709 DUNBAR KNOLL, BROOKLYN PARK MN 55443
Pw Partners Atlas Fund Lp other: See Footnote 1 141 W. JACKSON BLVD., SUITE 1702, CHICAGO IL 60604
Peter O. Haeg director 12701 WHITEWATER DR, SUITE 190, MINNETONKA MN 55343
Richard S. Welch director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Wexford Focused Investors Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830