Savers Value Village's gross profit for the
three
months ended in Mar. 2024 was $196 Mil. Savers Value Village's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $877 Mil.
Savers Value Village had a gross margin of 55.34% for the quarter that ended in Mar. 2024 => Durable competitive advantage
During the past 5 years, the highestGross Margin % of Savers Value Village was 60.60%. The lowest was 57.62%. And the median was 58.48%.
Savers Value Village Gross Profit Historical Data
The historical data trend for Savers Value Village'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.
Competitive Comparison of Savers Value Village's Gross Profit
For the Specialty Retail subindustry, Savers Value Village'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.
Savers Value Village's Gross Profit Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Savers Value Village's Gross Profit distribution charts can be found below:
* The bar in red indicates where Savers Value Village's Gross Profit falls into.
Savers Value Village Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Savers Value Village's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $877 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Savers Value Village (NYSE:SVV) 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
Savers Value Village had a gross margin of 55.34% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Savers Value Village Gross Profit Related Terms
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Savers Value Village (Savers Value Village) Business Description
Savers Value Village Inc is a for-profit thrift operator in the United States and Canada. It purchases secondhand textiles (i.e., clothing, bedding, and bath items), shoes, accessories, housewares, books and other goods from its non-profit partners ("NPPs"), either directly from them or via on-site donations ("OSDs") at Community Donation Centers at its stores. The company then process, selects, price, merchandise and sell these items in its stores.
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