JOEY (Joey New York) Gross Profit: $0.37 Mil (TTM As of May. 2017)

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What is Joey New York Gross Profit?

Joey New York JOEY Gross Profit is $0.37 Mil as of May. 2017.

Joey New York's gross profit for the three months ended in May. 2017 was $0.07 Mil. Joey New York's gross profit for the trailing twelve months (TTM) ended in May. 2017 was $0.37 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Joey New York's gross profit for the three months ended in May. 2017 was $0.07 Mil. Joey New York's Revenue for the three months ended in May. 2017 was $0.14 Mil. Therefore, Joey New York's Gross Margin % for the quarter that ended in May. 2017 was 50.70%.

Joey New York had a gross margin of 50.70% for the quarter that ended in May. 2017 => Durable competitive advantage


Joey New York  (OTCPK:JOEY) 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

Joey New York had a gross margin of 50.70% for the quarter that ended in May. 2017 => Durable competitive advantage


Joey New York Gross Profit Related Terms


Joey New York Gross Profit Historical Data

* Premium members only.

The historical data trend for Joey New York'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.

Joey New York Gross Profit Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Gross Profit
Get a 7-Day Free Trial 0.00 0.00 0.04 0.01 0.30

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 0.00 0.04 0.11 0.15 0.07

JOEY vs DEVV, SKVI, TISUQ: Gross Profit Comparison

For the Household & Personal Products subindustry, Joey New York'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.


Joey New York Gross Profit vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's Gross Profit distribution charts can be found below:

* The bar in red indicates where Joey New York's Gross Profit falls into.



Joey New York Gross Profit Calculation

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

Joey New York's Gross Profit for the fiscal year that ended in Feb. 2017 is calculated as

Gross Profit (A: Feb. 2017 )=Revenue - Cost of Goods Sold
=0.467 - 0.166
=0.30

Joey New York's Gross Profit for the quarter that ended in May. 2017 is calculated as

Gross Profit (Q: May. 2017 )=Revenue - Cost of Goods Sold
=0.142 - 0.07
=0.07

Gross Profit for the trailing twelve months (TTM) ended in May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.37 Mil.

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

Joey New York's Gross Margin % for the quarter that ended in May. 2017 is calculated as

Gross Margin % (Q: May. 2017 )=Gross Profit (Q: May. 2017 ) / Revenue (Q: May. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.07 / 0.142
=50.70 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $0.37 Mil mean?
Joey New York (JOEY) has a Gross Profit of $0.37 Mil as of May. 2017. Gross Profit equals net sales less total cost of goods sold. View historical data on Joey New York and its competitors.
Is Joey New York's Gross Profit too high?
Joey New York's current Gross Profit is $0.37 Mil.
How does Joey New York's Gross Profit compare to DEVV and SKVI?
Joey New York's Gross Profit of $0.37 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Consumer Packaged Goods company?
A good Gross Profit depends on the Consumer Packaged Goods industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Joey New York and its competitors. Joey New York's current Gross Profit is $0.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Gross Profit of $0.37 Mil. The current Gross Profit is $0.37 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Joey New York (JOEY), the current Gross Profit is $0.37 Mil as of May. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.