Finish Line's gross profit for the
three
months ended in Feb. 2018 was $177 Mil. Finish Line's gross profit for the trailing twelve months (TTM) ended in Feb. 2018 was $532 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Finish Line's gross profit for the
three
months ended in Feb. 2018 was $177 Mil. Finish Line's Revenue for the
three
months ended in Feb. 2018 was $561 Mil. Therefore, Finish Line's Gross Margin % for the quarter that ended in Feb. 2018 was 31.52%.
Finish Line had a gross margin of 31.52% for the quarter that ended in Feb. 2018 => Competition eroding margins
Finish Line Gross Profit Historical Data
The historical data trend for Finish Line'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.
Competitive Comparison of Finish Line's Gross Profit
For the Specialty Retail subindustry, Finish Line'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.
Finish Line's Gross Profit Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Finish Line's Gross Profit distribution charts can be found below:
* The bar in red indicates where Finish Line's Gross Profit falls into.
Finish Line Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Finish Line's Gross Profit for the fiscal year that ended in Feb. 2018 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Feb. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $532 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.
Finish Line (NAS:FINL) 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
Finish Line had a gross margin of 31.52% for the quarter that ended in Feb. 2018 => Competition eroding margins
Finish Line Gross Profit Related Terms
Thank you for viewing the detailed overview of Finish Line's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Finish Line is a United States-based specialty retailer that is principally engaged in the sale of athletic footwear, apparel, and accessories, with presence in the United States, Puerto Rico, and the District of Columbia. The company operates business through physical stores and digital formats under two brands: Finish Line and JackRabbit. Finish Line is a mall-based retailer offering brand names including Nike, Brand Jordan, Adidas, Under Armour, and Puma. JackRabbit is a lifestyle community-based retailer offering brand names, such as Brooks, Asics, Nike, Saucony, New Balance, and others. The company also operates unbranded stores at Macy's, without Finish Line signage. The company generates the majority of its total net sales from the Finish Line division.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FINL has been successfully added to your 