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LPP (LTS:0LVL) Gross Profit : zł8,967 Mil (TTM As of Jan. 2024)


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What is LPP Gross Profit?

LPP's gross profit for the three months ended in Jan. 2024 was zł2,540 Mil. LPP's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was zł8,967 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LPP's gross profit for the three months ended in Jan. 2024 was zł2,540 Mil. LPP's Revenue for the three months ended in Jan. 2024 was zł4,841 Mil. Therefore, LPP's Gross Margin % for the quarter that ended in Jan. 2024 was 52.47%.

LPP had a gross margin of 52.47% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of LPP was 58.55%. The lowest was 48.74%. And the median was 53.52%.


LPP Gross Profit Historical Data

The historical data trend for LPP'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.

LPP Gross Profit Chart

LPP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,401.26 4,940.16 4,083.94 6,490.84 8,013.10

LPP Quarterly Data
Mar19 Jun19 Sep19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,074.80 1,806.40 2,193.90 2,426.40 2,539.80

Competitive Comparison of LPP's Gross Profit

For the Apparel Manufacturing subindustry, LPP'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.


LPP's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Gross Profit distribution charts can be found below:

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



LPP Gross Profit Calculation

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

LPP's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )=Revenue - Cost of Goods Sold
=15926.5 - 7913.4
=8,013

LPP's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=4840.9 - 2301.1
=2,540

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 zł8,967 Mil.

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

LPP's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,540 / 4840.9
=52.47 %

* 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.


LPP  (LTS:0LVL) 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

LPP had a gross margin of 52.47% for the quarter that ended in Jan. 2024 => Durable competitive advantage


LPP Gross Profit Related Terms

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LPP (LTS:0LVL) Business Description

Traded in Other Exchanges
Address
ul. Lakowa 39/44, Gdansk, POL, 80-769
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

LPP (LTS:0LVL) Headlines

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