Dollar General's gross profit for the
three
months ended in Jan. 2024 was $2,906 Mil. Dollar General's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $11,719 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Dollar General's gross profit for the
three
months ended in Jan. 2024 was $2,906 Mil. Dollar General's Revenue for the
three
months ended in Jan. 2024 was $9,859 Mil. Therefore, Dollar General's Gross Margin % for the quarter that ended in Jan. 2024 was 29.48%.
Dollar General had a gross margin of 29.48% for the quarter that ended in Jan. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Dollar General was 31.76%. The lowest was 30.29%. And the median was 30.81%.
Dollar General Gross Profit Historical Data
The historical data trend for Dollar General'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.
For the Discount Stores subindustry, Dollar General'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.
Dollar General Gross Profit Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Dollar General's Gross Profit distribution charts can be found below:
* The bar in red indicates where Dollar General's Gross Profit falls into.
Dollar General Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Dollar General's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,719 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Dollar General's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as
* 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.
Dollar General (NYSE:DG) 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
Dollar General had a gross margin of 29.48% for the quarter that ended in Jan. 2024 => Competition eroding margins
Dollar General Gross Profit Related Terms
Thank you for viewing the detailed overview of Dollar General's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Dollar General (Dollar General) Business Description
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
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