* 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 Morrison (Wm) Supermarkets's Gross Profit
For the Grocery Stores subindustry, Morrison (Wm) Supermarkets'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.
Morrison (Wm) Supermarkets's Gross Profit Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Morrison (Wm) Supermarkets's Gross Profit distribution charts can be found below:
* The bar in red indicates where Morrison (Wm) Supermarkets's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jul. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was £324 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Morrison (Wm) Supermarkets had a gross margin of 2.51% for the quarter that ended in Jul. 2021 => No sustainable competitive advantage
Morrison (Wm) Supermarkets Gross Profit Related Terms
Thank you for viewing the detailed overview of Morrison (Wm) Supermarkets's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Morrison (Wm) Supermarkets (LSE:MRW) Business Description
Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).
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