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Esprit Holdings (Esprit Holdings) Gross Profit : $320.6 Mil (TTM As of Jun. 2023)


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What is Esprit Holdings Gross Profit?

Esprit Holdings's gross profit for the six months ended in Jun. 2023 was $172.6 Mil. Esprit Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $320.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Esprit Holdings's gross profit for the six months ended in Jun. 2023 was $172.6 Mil. Esprit Holdings's Revenue for the six months ended in Jun. 2023 was $386.2 Mil. Therefore, Esprit Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 44.69%.

Esprit Holdings had a gross margin of 44.69% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Esprit Holdings was 51.62%. The lowest was 40.75%. And the median was 50.05%.

Warning Sign:

Esprit Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


Esprit Holdings Gross Profit Historical Data

The historical data trend for Esprit 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.

Esprit Holdings Gross Profit Chart

Esprit Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 763.35 529.93 518.27 369.67 321.14

Esprit 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 285.55 211.39 156.58 172.60 148.02

Competitive Comparison of Esprit Holdings's Gross Profit

For the Apparel Retail subindustry, Esprit 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.


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

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

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



Esprit Holdings Gross Profit Calculation

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

Esprit Holdings's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=907.211 - 537.545
=369.7

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

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=386.187 - 213.584
=172.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $320.6 Mil.

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

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

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=172.6 / 386.187
=44.69 %

* 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.


Esprit Holdings  (OTCPK:ESPGY) 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

Esprit Holdings had a gross margin of 44.69% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Esprit Holdings Gross Profit Related Terms

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Esprit Holdings (Esprit Holdings) Business Description

Traded in Other Exchanges
Address
28 Marble Road, North Point, 13th Floor, China United Centre, Hong Kong, HKG
Esprit Holdings Ltd is engaged in retail and wholesale distribution and licensing of quality fashion and non-apparel products designed under its own ESPRIT brand name in Europe, Asia, America and via E-shop platforms. The company's revenue is divided into 4 main channels: wholesale, E-commerce, owned retail stores, and licensing.

Esprit Holdings (Esprit Holdings) Headlines