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Big Lots (STU:4B3) Gross Profit : €1,537 Mil (TTM As of Jul. 2024)


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What is Big Lots Gross Profit?

Big Lots's gross profit for the three months ended in Jul. 2024 was €337 Mil. Big Lots's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was €1,537 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Big Lots's gross profit for the three months ended in Jul. 2024 was €337 Mil. Big Lots's Revenue for the three months ended in Jul. 2024 was €965 Mil. Therefore, Big Lots's Gross Margin % for the quarter that ended in Jul. 2024 was 34.89%.

Big Lots had a gross margin of 34.89% for the quarter that ended in Jul. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Big Lots was 40.70%. The lowest was 34.99%. And the median was 39.78%.

Warning Sign:

Big Lots Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Big Lots Gross Profit Historical Data

The historical data trend for Big Lots'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.

Big Lots Gross Profit Chart

Big Lots Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,905.33 2,050.35 2,118.95 1,775.73 1,548.31

Big Lots Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 339.80 354.00 499.80 346.42 336.68

Competitive Comparison of Big Lots's Gross Profit

For the Discount Stores subindustry, Big Lots'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.


Big Lots's Gross Profit Distribution in the Retail - Defensive Industry

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

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



Big Lots Gross Profit Calculation

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

Big Lots's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=4334.887 - 2786.578
=1,548

Big Lots's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=964.921 - 628.238
=337

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,537 Mil.

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

Big Lots's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=337 / 964.921
=34.89 %

* 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.


Big Lots  (STU:4B3) 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

Big Lots had a gross margin of 34.89% for the quarter that ended in Jul. 2024 => Competition eroding margins


Big Lots Gross Profit Related Terms

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Big Lots Business Description

Traded in Other Exchanges
Address
4900 East Dublin-Granville Road, Columbus, OH, USA, 43081
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.

Big Lots Headlines

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