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Empire Co (FRA:C15) Gross Profit : €5,529 Mil (TTM As of Apr. 2024)


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What is Empire Co Gross Profit?

Empire Co's gross profit for the three months ended in Apr. 2024 was €1,367 Mil. Empire Co's gross profit for the trailing twelve months (TTM) ended in Apr. 2024 was €5,529 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Empire Co's gross profit for the three months ended in Apr. 2024 was €1,367 Mil. Empire Co's Revenue for the three months ended in Apr. 2024 was €5,052 Mil. Therefore, Empire Co's Gross Margin % for the quarter that ended in Apr. 2024 was 27.05%.

Empire Co had a gross margin of 27.05% for the quarter that ended in Apr. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Empire Co was 26.11%. The lowest was 23.94%. And the median was 24.65%.


Empire Co Gross Profit Historical Data

The historical data trend for Empire Co'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.

Empire Co Gross Profit Chart

Empire Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,344.13 4,817.20 5,616.79 5,270.65 5,500.67

Empire Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1,324.98 1,419.54 1,383.69 1,359.12 1,366.65

Competitive Comparison of Empire Co's Gross Profit

For the Grocery Stores subindustry, Empire Co'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.


Empire Co's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Empire Co's Gross Profit falls into.



Empire Co Gross Profit Calculation

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

Empire Co's Gross Profit for the fiscal year that ended in Apr. 2024 is calculated as

Gross Profit (A: Apr. 2024 )=Revenue - Cost of Goods Sold
=20946.894 - 15446.226
=5,501

Empire Co's Gross Profit for the quarter that ended in Apr. 2024 is calculated as

Gross Profit (Q: Apr. 2024 )=Revenue - Cost of Goods Sold
=5051.571 - 3684.924
=1,367

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,529 Mil.

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

Empire Co's Gross Margin % for the quarter that ended in Apr. 2024 is calculated as

Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,367 / 5051.571
=27.05 %

* 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.


Empire Co  (FRA:C15) 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

Empire Co had a gross margin of 27.05% for the quarter that ended in Apr. 2024 => Competition eroding margins


Empire Co Gross Profit Related Terms

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Empire Co (FRA:C15) Business Description

Traded in Other Exchanges
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

Empire Co (FRA:C15) Headlines

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