Lojas Quero-Quero (BSP:LJQQ3) Gross Margin % : 35.05% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Lojas Quero-Quero Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lojas Quero-Quero's Gross Profit for the three months ended in Dec. 2023 was R$229 Mil. Lojas Quero-Quero's Revenue for the three months ended in Dec. 2023 was R$654 Mil. Therefore, Lojas Quero-Quero's Gross Margin % for the quarter that ended in Dec. 2023 was 35.05%.

Warning Sign:

Lojas Quero-Quero SA gross margin has been in long-term decline. The average rate of decline per year is -2.8%.

The historical rank and industry rank for Lojas Quero-Quero's Gross Margin % or its related term are showing as below:

BSP:LJQQ3' s Gross Margin % Range Over the Past 10 Years
Min: 33.26 Med: 39.04 Max: 41.32
Current: 34.44

During the past 7 years, the highest Gross Margin % of Lojas Quero-Quero was 41.32%. The lowest was 33.26%. And the median was 39.04%.

BSP:LJQQ3's Gross Margin % is ranked worse than
54.29% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.74 vs BSP:LJQQ3: 34.44

Lojas Quero-Quero had a gross margin of 35.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lojas Quero-Quero was -2.80% per year.

Lojas Quero-Quero Gross Margin % Historical Data

The historical data trend for Lojas Quero-Quero's Gross Margin % 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.

Lojas Quero-Quero Gross Margin % Chart

Lojas Quero-Quero Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

40.33

41.32

39.04

33.26

34.44

Lojas Quero-Quero Quarterly Data
	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															33.80	33.74	33.63	35.18	35.05

Competitive Comparison of Lojas Quero-Quero's Gross Margin %

For the Specialty Retail subindustry, Lojas Quero-Quero's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Lojas Quero-Quero's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Quero-Quero's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lojas Quero-Quero's Gross Margin % falls into.

Lojas Quero-Quero Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lojas Quero-Quero's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	826	/	2398.127
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2398.127 - 1572.115)	/	2398.127
	=	34.44 %

Lojas Quero-Quero'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 )
	=	229.3	/	654.057
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(654.057 - 424.796)	/	654.057
	=	35.05 %

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.

Lojas Quero-Quero (BSP:LJQQ3) Gross Margin % 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

Lojas Quero-Quero had a gross margin of 35.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Lojas Quero-Quero Gross Margin % Related Terms

Thank you for viewing the detailed overview of Lojas Quero-Quero's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lojas Quero-Quero (BSP:LJQQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Quero-Quero SA (BSP:LJQQ3) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003

Website

https://www.queroquero.com.br

Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

No Headlines