GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bed Bath & Beyond Inc (OTCPK:BBBYQ) » Definitions » Gross Profit

Bed Bath & Beyond (Bed Bath & Beyond) Gross Profit : $1,215 Mil (TTM As of Feb. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Bed Bath & Beyond Gross Profit?

Bed Bath & Beyond's gross profit for the three months ended in Feb. 2023 was $188 Mil. Bed Bath & Beyond's gross profit for the trailing twelve months (TTM) ended in Feb. 2023 was $1,215 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bed Bath & Beyond's gross profit for the three months ended in Feb. 2023 was $188 Mil. Bed Bath & Beyond's Revenue for the three months ended in Feb. 2023 was $1,185 Mil. Therefore, Bed Bath & Beyond's Gross Margin % for the quarter that ended in Feb. 2023 was 15.90%.

Bed Bath & Beyond had a gross margin of 15.90% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Bed Bath & Beyond was 39.69%. The lowest was 22.73%. And the median was 35.05%.

Warning Sign:

Bed Bath & Beyond Inc gross margin has been in long-term decline. The average rate of decline per year is -6.8%.


Bed Bath & Beyond Gross Profit Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Gross Profit Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,103.98 3,541.66 3,118.08 2,483.49 1,214.88

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 579.81 349.31 398.26 278.86 188.45

Competitive Comparison of Bed Bath & Beyond's Gross Profit

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bed Bath & Beyond's Gross Profit falls into.



Bed Bath & Beyond Gross Profit Calculation

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

Bed Bath & Beyond's Gross Profit for the fiscal year that ended in Feb. 2023 is calculated as

Gross Profit (A: Feb. 2023 )=Revenue - Cost of Goods Sold
=5344.685 - 4129.802
=1,215

Bed Bath & Beyond's Gross Profit for the quarter that ended in Feb. 2023 is calculated as

Gross Profit (Q: Feb. 2023 )=Revenue - Cost of Goods Sold
=1185.137 - 996.691
=188

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,215 Mil.

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

Bed Bath & Beyond's Gross Margin % for the quarter that ended in Feb. 2023 is calculated as

Gross Margin % (Q: Feb. 2023 )=Gross Profit (Q: Feb. 2023 ) / Revenue (Q: Feb. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=188 / 1185.137
=15.90 %

* 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.


Bed Bath & Beyond  (OTCPK:BBBYQ) 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

Bed Bath & Beyond had a gross margin of 15.90% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage


Bed Bath & Beyond Gross Profit Related Terms

Thank you for viewing the detailed overview of Bed Bath & Beyond's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403