GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (STU:0FD) » Definitions » Gross Profit

Wickes Group (STU:0FD) Gross Profit : €657 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Wickes Group Gross Profit?

Wickes Group's gross profit for the six months ended in Dec. 2023 was €311 Mil. Wickes Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €657 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wickes Group's gross profit for the six months ended in Dec. 2023 was €311 Mil. Wickes Group's Revenue for the six months ended in Dec. 2023 was €843 Mil. Therefore, Wickes Group's Gross Margin % for the quarter that ended in Dec. 2023 was 36.87%.

Wickes Group had a gross margin of 36.87% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Wickes Group was 39.15%. The lowest was 36.36%. And the median was 37.42%.

Warning Sign:

Wickes Group PLC gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Wickes Group Gross Profit Historical Data

The historical data trend for Wickes Group'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.

Wickes Group Gross Profit Chart

Wickes Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 591.31 562.47 669.05 657.93 655.83

Wickes Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 322.11 340.89 321.49 346.48 310.74

Competitive Comparison of Wickes Group's Gross Profit

For the Home Improvement Retail subindustry, Wickes Group'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.


Wickes Group's Gross Profit Distribution in the Retail - Cyclical Industry

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

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



Wickes Group Gross Profit Calculation

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

Wickes Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1803.588 - 1147.759
=656

Wickes Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=842.827 - 532.092
=311

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €657 Mil.

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

Wickes Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=311 / 842.827
=36.87 %

* 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.


Wickes Group  (STU:0FD) 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

Wickes Group had a gross margin of 36.87% for the quarter that ended in Dec. 2023 => Competition eroding margins


Wickes Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Wickes Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Wickes Group (STU:0FD) Business Description

Traded in Other Exchanges
Address
19 Colonial Way, Vision House, Watford, GBR, WD24 4JL
Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.

Wickes Group (STU:0FD) Headlines

No Headlines