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Shoprite Holdings (Shoprite Holdings) Gross Profit : $2,963 Mil (TTM As of Dec. 2023)


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What is Shoprite Holdings Gross Profit?

Shoprite Holdings's gross profit for the six months ended in Dec. 2023 was $1,535 Mil. Shoprite Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,963 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shoprite Holdings's gross profit for the six months ended in Dec. 2023 was $1,535 Mil. Shoprite Holdings's Revenue for the six months ended in Dec. 2023 was $6,498 Mil. Therefore, Shoprite Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 23.62%.

Shoprite Holdings had a gross margin of 23.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shoprite Holdings was 24.96%. The lowest was 20.68%. And the median was 24.02%.


Shoprite Holdings Gross Profit Historical Data

The historical data trend for Shoprite 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.

Shoprite Holdings Gross Profit Chart

Shoprite Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,362.02 2,174.83 2,962.17 2,846.90 2,758.42

Shoprite Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,380.35 1,459.81 1,442.88 1,428.29 1,534.87

Competitive Comparison of Shoprite Holdings's Gross Profit

For the Department Stores subindustry, Shoprite 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.


Shoprite Holdings's Gross Profit Distribution in the Retail - Cyclical Industry

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

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



Shoprite Holdings Gross Profit Calculation

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

Shoprite Holdings's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=11467.5 - 8709.082
=2,758

Shoprite Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6498.165 - 4963.291
=1,535

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,963 Mil.

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

Shoprite Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,535 / 6498.165
=23.62 %

* 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.


Shoprite Holdings  (OTCPK:SRGHY) 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

Shoprite Holdings had a gross margin of 23.62% for the quarter that ended in Dec. 2023 => Competition eroding margins


Shoprite Holdings Gross Profit Related Terms

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Shoprite Holdings (Shoprite Holdings) Business Description

Address
Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560
Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings (Shoprite Holdings) Headlines

From GuruFocus

Shoprite Holdings Ltd: Africa's Largest Food Retailer

By Carmine Romano Carmine Romano 01-16-2013