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661 Sentences With "gross profit"

How to use gross profit in a sentence? Find typical usage patterns (collocations)/phrases/context for "gross profit" and check conjugation/comparative form for "gross profit". Mastering all the usages of "gross profit" from sentence examples published by news publications.

What's left is called "gross profit," and the relative total of gross profit generated from revenue is called gross margin.
It's already profitable with $130,000 in gross profit in February which makes this a $24 billion gross profit potential business. jet.
Gross profit During the March 2009 meetings, Bloom said it expected to gross profit to be negative $23 million for the year.
These numbers are for 2016 and only represent each subsidiary's individual-market products: Florida Blue's PPO subsidiary: 529,452 members, $860.8 million gross profit Florida Blue's HMO subsidiary: 201,331 members, $237.8 million gross profit Combined: 730,783 members, $1.1 billion gross profit Worth noting: The gross profit represents the premiums minus the medical expenses, and does not include administrative costs, employee compensation or taxes.
The most important numbers entrepreneurs should know are their annual sales revenue, gross profit margins and expenses as a percentage of gross profit margin, he said.
It has gone from being about a third of total gross profit to over 80 percent of the gross profit in the first half of the year.
Contribution Margin is a measure of non-GAAP unit economics (not of gross profit) and the Company does not present gross profit on its consolidated statement of operations [link].
Gross profit for the same period increased 33 percent, the company said in a statement, while gross profit margin rose to 25 percent, up from 22 percent from a year earlier.
Gross profit margins continue contracting, particularly for growth segments such as Cognitive Solutions and Technology Services & Cloud Platforms, although gross profit margins could recover as recent acquisitions and new businesses scale over time.
Bluestar accounted for 27% of ChemChina's gross profit in 1H16.
Gross profit margin increased 230 percentage points to 23.9 percent.
Its gross profit margin was supposed to reach 20 percent.
Tesla's gross profit on the Model 2000 is around $23,000.
Square saw 51% gross profit growth in those two months.
The Surrey-based company, which generates about a fifth of its gross profit in Britain, said gross profit from the UK fell 0.3% as decision making by clients and candidates continued to be affected.
Consolidated gross profit margin increased 1.01 percentage points to 18.06 percent.
Consolidated gross profit margin increased to 17.83 percent from 16.37 percent.
H&M's gross profit margin for the financial year to Nov.
Peloton's worth hinges on rapid growth and rising gross profit margins.
Diplomat made a gross profit of $268 per prescription last quarter.
AB InBev's gross profit margin for Q4 2015 was 62.41 percent.
Management intends to grow Parts & Service and improve margins for the company while maintaining gross profit margins for both the new vehicle and used vehicle segments, which account for 19% and 10% of gross profit, respectively.
SThree, which earns 83 percent of its gross profit form outside the UK, said the increased economic uncertainty seen in the UK and Ireland continued to hurt, causing gross profit to fall 5 percent in the region.
Over the past few years, AMZN has become a gross profit vs.
Amazon's gross profit margin has grown steadily over the past few years.
THIS COMPARES TO A GROSS PROFIT OF EUR 2.0 MILLION IN 2018.
Gross profit from the home market fell 23% to 20.7 million pounds.
Gross profit, however, grew 7% year-over-year to reach $970 million.
Gross profit rose 9.2 percent in 2015, based on constant exchange rates.
Their sales came to $2.2 million and gross profit amounted to $7003,000.
The company's cost structure, however, was far larger than its gross profit.
"If they were getting a 57 percent margin on $2.8 million of sales, they'd actually be generating $0003 million in gross profit instead of their 28 percent margin, which generates less than $800,000 in gross profit," he said.
The company's business has also evolved over time with the counter-cyclical auto Parts & Service business accounting for 200023% of gross profit, while car vehicle sales and financial services account for 200013% and 200003% of gross profit, respectively.
Gross profit is 70 percent, and the company has $400K in the bank.
The supermarket added, however, that its gross profit rate declined, reflecting price cuts.
Same-store used vehicle gross profit was relatively flat at $1,459 per vehicle.
Gross profit in 203 was $220 million, compared to $217 million in 260.
The United States saw gross profit rising 8 percent from a year earlier.
But gross profit per new vehicle sold fell nearly 6 percent to $1,847.
A negative gross profit margin means Nissan is losing money on each sale.
Gross profit margins should be between 38 percent and 39 percent, Apple said.
But the gross profit margins on its devices are just about 8.8 percent.
So the higher price Amazon pays suppliers cuts into its gross profit margins.
Vanke told Reuters last year that the gross profit margin on the redevelopment work was in the 20-30 percent range, which is in line with its gross profit margin of 23 percent for its property development business in 2000.
The firm said gross profit growth is now the best metric upon which to judge Amazon, noting that a shifting business mix means that gross profit is likely to grow four percentage points faster than revenue over the next three years.
BAIC Motor's proprietary passenger-vehicle operation, for example, turned around from deep gross profit losses in 1H15 to achieve 2852% gross profit margin in 248H29979, while its volume contribution from SUVs expanded to 286% from 221% during the same period.
IFRS 15 +6.3%) YOY TO CHF 459M * Q1 GROSS PROFIT ROSE BY +13% (INCL.
Consolidated gross profit margin fell to 16.09 percent from 17.81 percent a year ago.
The company said gross profit margin fell in all five of its reporting units.
At 1, products are sold at cost; above 1, there is a gross profit.
The documents highlight Postmates' gross profit margins, which we understand are now above 220%.
Its gross profit from that was $274 million, while operating expenses were $363 million.
During 2015, the company's gross profit margins grew slightly and its cash flow increased.
Gross profit margin expanded 1 percentage point to 48.7 percent in the first half.
Gross profit margin dropped 1.86 percentage point from a year ago to 29.41 percent.
Gross profit margin rose 2.2 percentage points from a year ago to 37.4 percent.
Its gross profit margin declined to 13 percent from 57.5 percent a year ago.
But in 2014, Point72 generated a gross profit of $2.5 billion to $3 billion.
The company also said its gross profit margin will be much lower than expected.
Once gross profit and those massive operating expenses are sorted out, Son anticipates profitability
Today we all focus on one number and one percentage based on gross profit.
Once you deduct costs of revenue from revenue itself, you're left with gross profit.
Asia-Pacific gross profit rose 12 percent to 36.4 million pounds in the quarter.
Brocade should be immediately accretive to Broadcom's profitability, given Brocade's more than 70% gross profit margins, versus Fitch's estimate of gross profit margins (adjusted for the impact of purchase price accounting, restructuring and stock-based compensation) in the mid-50s for Broadcom.
Robert Walters, which competes with Hays, SThree and PageGroup, said gross profit from its home market fell 23%, leading to a 13% slide in overall gross profit or net fee income to 94.2 million pounds ($123.5 million) for the quarter ended Dec. 31.
Gross profit margin inched up 0.6 percentage points to 23.9 percent from a year earlier.
Asda also said its gross profit rate and operating income both decreased in the quarter.
The Cupertino giant reported a gross profit margin of 38.5 percent in the June quarter.
Pfizer will receive 50 percent of gross profit above an agreed-upon baseline, Conroy said.
Square Inc: * SQUARE UPDATES FIRST QUARTER 2020 REVENUE AND GROSS PROFIT OUTLOOK FOR COVID-19 * SQUARE INC - EXPECTS TO REPORT TOTAL NET REVENUE IN RANGE OF $1.30 TO $1.34 BILLION IN Q1 * SQUARE INC SEES Q1 GROSS PROFIT IN RANGE OF $515 TO $525 MILLION.
The company, which places people in finance, engineering, legal and marketing jobs, reported higher quarterly gross profit, driven by growth in all its regions and said UK gross profit rose 16 percent to 23.1 million pounds ($28 million) in the three months ended Dec. 31.
Florida Blue's gross profit on its Obamacare plans across both subsidiaries in 2015 was $533 million.
Microsoft's commercial cloud gross profit margin reached 51 percent, up from 48 percent the previous quarter.
Last year, WW's gross profit margin increased to 53 percent, up from 50.3 percent in 2016.
In January 2017, hardware sales represented 19 percent of total gross profit while down 28 percent.
S&P reported the Blues' gross profit margins for the individual market went up in 2016.
For the first half of this year, it is claiming a gross profit of $20183 million.
At the same time, GAAP total automotive gross margin and gross profit per car increased substantially.
They obviously have a lot of retail, but, you know, their gross profit is very high.
The company also derives close to 40% of sales and over 30% of gross profit overseas.
Asda cautioned its gross profit rate declined, reflecting price cuts in a highly competitive grocery market.
Other main business accounted for 5% and 22% of total revenue and gross profit in 2016.
The difference is staggering: Amazon grew its gross profit by $7 billion during the first quarter.
In the second quarter, the company's gross profit margin increased 31 basis points to 11.29 percent.
DouYo is fascinating for a different reason, namely that it only recently began generating gross profit.
Gross profit during the period was 8.2 billion yuan ($1.17 billion), up 25.2% year-over-year.
Specifically, we think revenue and gross profit growth slow meaningfully in '20 and the multiple compresses.
However, gross profit margin edged higher by 0.87 percentage point to 33.37 percent year-on-year.
Quarterly revenue per vehicle rose 2 percent, but gross profit per vehicle fell nearly 6 percent.
Walmart also reported that its gross profit rate for e-commerce had improved year over year.
However, sales were below estimates, and the company also lowered its full-year gross profit margin guidance.
The company also derives close to 40% of sales and over 30% of gross profit from overseas.
The gross profit margin on the Model 3 - a focus for investors - remained steady at 20 percent.
Investors have also been rewarding companies with high and stable gross profit margins, according to the data.
They observed trends in what they call "corporate markups" – basically gross profit margins adjusted for capital intensity.
The way we generate our gross profit as a company is we get paid for distributing content.
Revenue was in line with forecasts at $905 million and gross profit slightly higher at $521 million.
Revenue and gross profit doubled in the year to April 30, but operating losses quadrupled in July.
The ratio of tax to gross profit dropped by as much as nine percentage points (see chart).
The documents show that, as of May, the company made a gross profit margin of 19 percent.
The company gave gross profit margin guidance of 35 percent for the fourth quarter, below some estimates.
In 2018, it sold almost $7 billion worth of products, making about $20123 billion in gross profit.
Group gross profit rose to 13 million pounds in 2017 from 621 million pounds a year earlier.
The company had reported a sharp rise in gross profit for the six months ended Oct. 31.
Ucommune, our IPO hopeful, is unique in that its revenue doesn't generate any gross profit at all.
Over the same nine-month period, OneConnect's sales and marketing costs alone outstripped its total gross profit.
The division's gross profit was just 2.4 percent of revenue, down from 8.5 percent a year earlier.
Around 60% of its gross profit is from selling iron ore, coking coal and steel products in China.
This is because IBREL has posted a gross profit margin of around 50% over the last few years.
Gross profit margin improved on a quarterly basis to 8.2 percent, but was down 1.25 percent on year.
Revenue last year jumped 59 percent to $434 million, and the company recorded gross profit of $125 million.
That means Bird was eking out $0.70 in profit per ride, or a 19 percent gross profit margin.
This makes up his gross profit from the whole investment, according to a source familiar with the deal.
It said overall gross profit rose to 106.4 million pounds ($133.03 million) for the quarter ended June 30.
Same-store customer financial services gross profit rose 7% to an all-time high of $1,926 per vehicle.
Weiss said he's expected double-digit gross profit dollar growth in this category for the next five years.
He doubted the company's ability to reach its 25 percent gross profit margin target for the Model 3.
As a result, gross profit in the metals division rose by more than 50 percent to $586 million.
The company said it was disappointed with the results, pointing to a decline in its gross profit margins.
What's more important is that the gross profit growth proves that earlier investments by Amazon are paying off.
This is because Lodha has posted a gross profit margin of around 50% over the last few years.
Management projects that its brand extension strategy will drive incremental gross profit of $100 million in fiscal 2018.
The gross profit margin on the Model 3 - a focus for investors - remained relatively steady at 20 percent.
Overall group gross profit in the first quarter rose to 78.1 million pounds from 70.3 million pounds earlier.
Still, a lot of consumer companies invest their gross profit on sales and marketing costs to accelerate growth.
So, revenues that generate lots of gross profit — called high-margin revenue — are better than those that don't.
That was nearly $33 million more than the $175.7 million average gross profit for companies in the same sector.
Our $84 PT assumes the stock will trade at 8.9x 20E Platform revenue and 16.2x 20E total gross profit.
Investors are focused on whether the gross profit margin on the Model 3 will remain around 20% in China.
Gross profit is a key indicator for staffing firms as it represents total fees earned from all recruitment work.
Subsequent board documents show gross profit of negative $2100 million, after losing nearly $2150 million per system (2130 sold).
Yes — just try to make thousands of dollars in gross profit every time you sell something — like Tesla does.
The company reported a gross profit of $146 million and net income of $27 million for the same year.
Meanwhile, the platform gross profit represented 81 percent of the total, up 104 percent from the six months prior.
Robert Walters generates 76% of net fees or gross profit outside Britain, but Brexit has dampened the hiring mood.
However, margins were affected by macro-economic headwinds and this led to a reduction in gross profit and EBITDA.
Gross profit from the U.S. fuel business came in at $6.863 million, missing RBC's estimate by about $98 million.
Liberum cut its full-year sales and gross profit estimates for 2017 by 2.6 percent and 4.7 percent respectively.
EBITDA interest coverage was low at 0.7x, but we expect a gradual increase reflecting a gross profit-margin improvement.
Revenue surged 0.53 percent to 20.5 billion yuan, while gross profit margin increased 21 percentage points to 26.6919 percent.
The average gross profit per used vehicle sold by AutoNation in the fourth quarter rose 6 percent to $1,344.
And the company has overall gross profit margins of 22018%, in an encouraging sign for its future financial health.
That's nearly five times as much gross profit growth as Morgan Stanley expects for the top five retailers combined.
In the most recent quarter, Walmart had 25 percent gross profit margin, while Target's came in at 24 percent.
Revenue rose 25.1 percent to 16.69 billion yuan, while gross profit margin increased 1.0 percentage point to 49.4 percent.
The retailer reported its gross profit margin dropped 1 basis points, hurt by heavy discounting and higher transportation costs.
Gross profit margins fell to 33 percent for the quarter, down from 34.5 percent in the year-ago period.
The brand portfolio is currently 37% premium luxury, 32% domestic, and 31% import on a gross profit dollar basis.
Gross profit in constant currency for the UK and Ireland fell 12 percent in the fourth quarter ended Nov.
Most recently, the company posted a gross profit of $163 million on total operating expenses of about $300 million.
The difference between those numbers, the gross profit on streaming revenue, was equivalent to 22 percent of that revenue.
Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs.
The company's primary gross profit source is switching from hardware sales to its platform, mainly around advertising and subscription revenue.
It also cut its forecast for gross profit margin to 240 percent, down a percentage point from its prior estimate.
Fitch expects the lower borrowing cost to partially offset a lower gross profit margin and strengthen Modern Land's credit profile.
We forecast '18-22 28%/193% gross bookings/adj gross profit CAGRs with our PT implying 0.85x FY20 gross bookings.
In the first half of 2019, Model S and X gross profit dollars fell 57% year over year, Bernstein notes.
According to a Barrons report, one of the big sources of concern for analysts was the company's gross profit margin.
For more click * Kuehne and Nagel said first-quarter gross profit increased by 6.4 per cent to 1.6 billion francs.
However, adjusted gross profit margin grow 200 basis points to 46.5%, powering a 13 cents profit beat in the quarter.
At the same time, Ford's gross profit went down by $13 billion, and its earnings slid from $21 to $2800.
The rise in used vehicle margins offset a 5.10 percent decline in gross profit for new vehicle sales, he said.
Gross profit is a relevant performance indicator for staffing companies as it represents total fees earned from all recruitment activities.
DexCom also decreased its gross profit margin guidance to about 63%, compared to the previous range of 64% to 65%.
But the firm said last year that it is becoming more efficient, something reflected in its improving gross profit margin.
He not only declined answering the question about gross profit rate of Model3, but also dismissed that question as boring.
Gross profit margins fell to 66.9 percent of sales from 67.7 percent a year earlier, and EBITDA margins dipped too.
Asda said its gross profit rate fell, reflecting price markdowns in clothing following a softer summer season versus last year.
Over the past four years, increases in Nestle's gross profit margin have contributed 5.5 billion Swiss francs of extra profit.
Here's what that looks like: If your cost of revenue is higher than your revenue, your gross profit is negative.
Kmart was always operating at a much thinner gross profit margin, which compares sales revenue to the cost of goods.
Revenue rose 20.2 percent to 6.1 billion yuan, and its gross profit margin increased 1.3 percentage point to 47.9 percent.
Spotify's gross profit margin also grew in that quarter, to 26.7 percent, from 25.3 percent in the previous three months.
Assuming 40% gross profit margin for iPhone and a 10% tariff equates to ~$1.5B in OP impact or ~$0.33 in EPS.
Inditex's gross profit margin missed analyst expectations, falling to 57.0 percent in its 2016 financial year from 57.8 percent in 2015.
Healthy Margin: Fitch expects Guorui to be able to maintain a gross profit margin close to 30% over next 13 months.
The company's gross profit rate increased in the quarter, primarily driven by fewer promotions at the Urban Outfitters and Anthropologie brands.
CONSOLIDATED EARNINGS AFTER TAXES COME IN BELOW EXPECTATIONS AT EUR 1.9 MILLION DUE TO INCREASED EXPENSES AND LOWER GROSS PROFIT MARGIN.
Gross profit margin will be between 38 cents and 38.5 cents per dollar of sales, compared with 38 cents this quarter.
The company said gross profit increased 20.3 percent to $2.7 billion and adjusted operating income increased 23.8 percent to $627 million.
Agarwal's gross profit is the 24.7 million shares, or about 1.9% of Anglo, he was left with after repaying the bond.
Specifically, the bill allows for damages up to the entire gross profit of the brand medicine during the period of negotiations.
AutoNation reported a lower gross profit for vehicle sales in the quarter, but an increase for its parts and service operations.
For years, many VCs and entrepreneurs have valued revenue growth — even if it meant negative gross profit margins — over everything else.
Its gross profit margin declined to 54.3 percent from 56.3 percent a year ago in evidence to a tough business environment.
Smaller rival Robert Walters on Monday reported higher UK gross profit and said the UK hiring market was picking up pace.
Retail sales in Hong Kong and Macau fell 3.6 percent, while gross profit margin decreased to 41.2 percent from 42.9 percent.
Comparable stores sales rose 2.33 percent and consolidated gross profit margin rose to 13 percent from 16.09 percent a year earlier.
Most of Red Hat's revenue comes from subscriptions, and they yield more gross profit than training and services at the company.
The shift away from selling other retailers' products to its own has helped it reduce operating expenses and increase gross profit.
We're investing a lot into our software platform and building out features that are going to result in more gross profit.
Gross profit in the UK, which accounts for 16% of the group, declined 2.4% to £35 million in the second quarter.
The highest-grossing movie involving "ghosts or hauntings" is "The Sixth Sense," which had a gross profit of nearly $673 million.
It has about 2,000 employees and generated revenue of 1.55 billion euros and gross profit of 159.6 million euros in 2018.
More than 70% of its gross profit in the first nine months of 2019 were spent on sales  and marketing costs.
Retail sales in Hong Kong and Macau fell 3.6 percent, while gross profit margin decreased to 41.2 percent from 13 percent.
Gross profit margins on new vehicles declined to 5.2 percent of sales in the fourth quarter from 5.6 percent a year earlier.
As a shareholder in Careem, the firm expects to see a gross profit of 1.78 billion riyals ($474.64 million) from the transaction.
The pilot showed "promising results for increasing gross profit margin, while decreasing costs associated with theft and vandalism," according to the company.
IT'S NOT JUST GROSS PROFIT IT'S MUCH MORE IT'S ALL OF THE EXPENSES ASSOCIATED WITH THE PROFIT THAT A COUNTRY THROWS OFF.
Gross profit margin on net sales was 49.2% in the first quarter of 723, compared to 41.5% in the year ago period.
Food delivery reported a gross profit of 2.86 billion yuan, more than double the 1.41 billion yuan for the year-earlier period.
The company has about 2,000 employees and generated revenue of 1.55 billion euros and gross profit of 159.6 million euros in 2018.
The companies themselves, like Tempur-Sealy, their gross profit margin goes between 37 and 53 percent in the last decade or two.
If you want to run a successful business, you have to know your revenue, gross profit and expenses "inside out," Lemonis said.
That gross profit represented an average 48.8 percent return on the original purchase price, up from a 47.5 percent a year ago.
Around 90% of Pilot's revenue comes from fuel, but close to half of its gross profit is generated by non-fuel sales.
Same-store new vehicle gross profit per vehicle sold in the quarter was $1,764, up 10% compared to the year-ago period.
Homes flipped in 2015 yielded an average gross profit of $55,000 nationwide, the highest for flips nationally since 2005, according to RealtyTrac.
We expect Tewoo's gross profit margin to remain low at 21000% and operating EBITDA at 212000%-4807123% after eliminating foreign-exchange fluctuations.
DollarSprout's 2019 gross profit clocked in at $1,705,361, and the business' revenue projection for 2019 is set at well over $2 million.
For example, Citi estimates that traditional product licenses have 90 percent gross profit margins, versus 40 to 45 percent margins for Azure.
But because of the sales coming in through the third-party business, it&aposs likely providing more gross profit dollars, he said.
If the company can produce enough cars, at a high enough margin, its operating expenses will dwindle in proportion to gross profit.
Gross profit margins for 2019 are expected to come in the "low 40s" range, while analysts were expecting margins of 44.2 percent.
However, during that time it generated just $70.9 million in gross profit, the sum it could use to cover its operating costs.
The average gross profit on a flip was $62,700, which translated into a 39.9% return on investment, after renovation and carrying costs.
Gross profit (before sales, admin and R&D expenses) of about $104 million in 2017, up from about $50 million in 2016.
This unit's gross profit margin was 80 percent higher than that of Square's core payments business in the first half of 2015.
Operating profit and profit after tax declined to R235 million (H1 2016: R318 million) * Gross profit margin achieved for six months to Aug.
Core earnings (EBITDA) were up 268% at $73 billion, with gross profit rising 27% to $25.5 billion on flat revenue of $23 billion.
Core earnings (EBITDA) were up 69% at $1.1 billion, with gross profit rising 50% to $1.47 billion on flat revenue of $86 billion.
So when they look at the results of of their campaigns, they can see their gross profit margins and profitability after ad spend.
While IBM's revenue and profit beat expectations, the company's adjusted gross profit margin fell to 22.42 percent from 44.5 percent a year earlier.
The company said gross profit its agribusiness segment, which consists of grains, fell to $203 million from $238 million in the fourth quarter.
The company's revenues are up 18.6 percent to $345 million (RMB2.3 billion), with gross profit at a 52.4 percent margin at $180.8 million.
Comparable stores sales fell 6.6 percent while consolidated gross profit margin dropped to 17.32 percent from 17.83 percent in a year-ago period.
It beat both on the top and bottom lines, improving gross profit and its adjusted EBITDA, according to analysts at Zacks Investment Research.
KeyBanc estimates App Store revenue will total $13.4 billion and account for 12 percent of Apple's gross profit for the fiscal year 2019.
In the quarter gross profit margin fell to 25.7 percent from 26.1 percent a year earlier, but were better than what analysts feared.
WE KNOW THAT THE APPLIANCE CATEGORY IS 10X MORE PROFITABLE THAN OUR EXISTING CATEGORIES FROM A GROSS PROFIT AND FROM A SALES STANDPOINT.
Gross profit margins fell to 57.5% in the first quarter from 64% in the year ago period, and missed analysts' estimate of 61.6%.
Group 217.2 reported a 21 percent rise of gross profit even as revenue from new vehicle sales fell 1.7 percent in the quarter.
Implats said gross profit is expected to rise to 6.8 billion rand from a restated figure of 1.1 billion rand a year earlier.
Overall gross profit or net fee income for the company grew 14 percent to 392 million pounds for the full year ended Dec.
J. C. Penney said its sales rose in the quarter, but its gross profit margins were far lower than what analysts had predicted.
Insiders have reported that CNN made more than $1 billion gross profit in 2016, at least $100 million more than the company projected.
We expect Tereos's underlying profitability, measured as readily marketable inventories (RMI)-adjusted EBITDA/gross profit (thus eliminating price fluctuations), to improve from FY17.
"The food producer showed a very strong recovery in the gross profit margin from a year earlier," said a note by NBK Capital.
The acquired marketed generic products generated about $150 million in net sales and about $100 million in gross profit in 2015, Impax said.
Kate Spade had a mixed third quarter, with Mann cutting her price target for the shares because heavy discounting cut into gross profit margins.
Overall, the Switch and its software sales drove good numbers for Nintendo, including $578 million in gross profit, and $145 million after expenses, vs.
In addition, Carmike's screens will benefit from AMC's reseating strategy, which Fitch believes will lead to higher concession revenue and gross profit per attendee.
SThree, which places people with financial, energy, banking and pharmaceutical companies, said group gross profit for the year rose 4 percent at constant currency.
Nokia's networks unit posted an 11% decline in third-quarter gross profit to €1.3 billion ($1.5 billion), compared with the same period last year.
"The amount a person earns is usually accessible via a platform's dashboard but that is not the taxable income - it's gross profit," she said.
Intuitive expects a 2018 gross profit margin of 17.93 percent to 71.5 percent of revenue, lower than the 71.9 percent it recorded in 2017.
Revenue from per used vehicle sold by AutoNation rose 3.3 percent to $20,044 and gross profit per vehicle was up 2.3 percent at $1,1.1.
Logitech, which aims for gross profit in the 35 to 37 percent bracket, reported a gross margin of 36.4 percent during its fourth quarter.
"Amazon's return on investment stands out, as total gross profit dollars grew by two times more than first quarter of 2017," the note said.
The analyst predicts the company's gross profit margin will decline by 75 basis points in its second quarter because of inflation in commodity prices.
Your current disclosure does not include a presentation of the most directly comparable financial measure, gross profit, calculated and presented in accordance with GAAP.
Despite the slowdown, Xiaomi said its gross profit margin of smartphones segment had reached 25% — up from 210% and 25% in the previous quarters.
When I visited the Work in Progress residency, he and Citarella had made thirty-two sales and about three thousand dollars in gross profit.
They estimated the sector's net income would fall 13.6 percent this year, with gross profit margins hit by between 2 and 8 percentage points.
It shows how profitable a particular product can be, and how much gross profit it produces to cover fixed costs like machinery and rent.
On the downside, the metals and minerals book's contribution to gross profit fell by about a third to $437 million while key associates posted losses.
But if it goes on, it will be devastating to the content companies, which have been enjoying gross profit margins on cable of 30-60%.
The 20-year-old company posted a gross profit of 724 million francs in 2018 while its adjusted EBITDA margin rose to 33% from 17%.
Though we are only slightly upping our EPS estimates, we now model a greater contribution from sales and gross profit growth, rather than SG&A.
French Connection said gross profit for the six months to July 31 fell to 31.1 million pounds ($42 million) from 38.1 million pounds year ago.
On the downside, the metals and minerals book's contribution to gross profit fell by about a third to $437 million while key associates posted losses.
We simply do not see a path by which SPOT can generate the level of gross profit demanded by Street estimates over the medium-term.
Lanman told me that in December of 203, six months after the initial price bump, ClassPass was operating at an 8 percent gross profit margin.
Point72, which employs more than 900 people, had a gross profit of more than $0003 billion in 2014, its first year as a family office.
House flippers in the second quarter of this year saw an average gross profit of $62,000, up from $103,900 in the second quarter of 2015.
Gross profit margin increased 2.4 percentage points from a year ago to 35.2 percent amid relatively low raw milk prices and an improving product mix.
The company, which mainly finds candidates to fill permanent positions, said gross profit rose to 621 million pounds ($757.7 million) in the year ended Dec.
It said in a statement the turnaround was primarily attributable to the improvements in its sales and gross profit of its smart card products operation.
The analyst noted the company is trading at 18 times fiscal 2018 estimated gross profit versus the 4 times average of its technology industry peers.
Management is focused on growing its higher-margin Parts & Service business, which contributed 15% of revenue in 2016, but accounted for 43% of gross profit.
Marlow-based Softcat said it added more than 620 new customers in the period, helped by an 18.7 percent jump in gross profit per customer.
A source familiar with the company's finances, however, says the startup has positive gross profit margins in about half of the cities it operates in.
Sean Sessel, founder and director of The Oculus Institute, promotes the theory of giving yourself one week to make a gross profit of one dollar.
The software industry differs in some ways from semiconductor and other hardware businesses, starting with the lack of manufacturing and generally higher gross profit margins.
The company said its same-store gross profit per vehicle retailed across its 325 U.S. locations was up 6 percent to $3,559 during the quarter.
AutoNation Chief Executive Carl Liebert told Reuters there remains room to improve gross profit per vehicle, including by increasing the use of AutoNation vehicle financing.
"Profitability will continue to be impacted by strong competition and with lower gross profit margins," he added, flagging further cost-cutting in the months ahead.
ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2019 * EXPECT GROSS PROFIT MARGIN TO STABILIZE AND BE IN MID-TO-HIGH THIRTY PERCENT RANGE FOR 2020 * ALPHA PRO -2020 ESTIMATE FOR GROSS PROFIT MARGIN EXCLUDES GROSS MARGIN IMPROVEMENT THAT MAY RESULT FROM RAISED SALE OF N-95 FACE MASK DUE TO COVID-19 Source text for Eikon: Further company coverage:
Best Buy reported on Tuesday that its gross profit rate in the third quarter also took a dive because of higher supply chain and transportation costs.
"Specifically, we find a strong correlation between R&D spend and gross profit growth, which is ultimately a key driver of stock price performance," he said.
Gross profit margin from Xiaomi's internet services increased to 64.4 percent in 2018, up from 60.2 percent in 2017 driven by a higher-margin advertising business.
Shares of Thor Industries dropped 5 percent, after the company reported shrinking gross profit margins for the second-quarter compared to the same time last year.
The company, which distributes and markets Shell-branded fuels and lubricants in Africa, said gross profit rose to $624 million for the 12 months ended Dec.
PageGroup said group gross profit rose 17.2 percent to 207.7 million pounds ($2017.5 million) in the third quarter, up from 177.2 million pounds a year earlier.
Its gross profit amounted to $1.3 billion in the first quarter of 2018, compared to $1.43 billion during the same time last year, the company reported.
Because (a) sales and gross profit are high quality drivers and (b) valuations have risen across food, we feel comfortable boosting our multiples and price target.
Here are the biggest calls on Wall Street on Monday Evercore said it is concerned about whether Spotify can generate a gross profit that investors demand.
Gross profit from STHree's mainland European and U.S. operations jumped 18 and 9 percent respectively, pushing shares in the company 3 percent higher in morning trade.
Google Netherlands Holdings BV paid 3.4 million euros in taxes in the Netherlands in 2017, the documents showed, on a gross profit of 13.6 million euros.
But the digitals bring in more revenue, S$3.1bn against S$2bn, and hence account for two-thirds of the bank's gross profit of S$2.9bn.
That's 28 percent of all revenue, although it is worth noting that gross profit on hardware sales slipped to 29 percent from 20183 percent last year.
He added that the company would continue to focus on inventory management, to arrest a decline in gross profit margins, and expanding and growing e-commerce.
The company, which makes about a quarter of its earnings in Britain, said its gross profit there fell 4.7 percent in the three months to Sept.
Asda said its gross profit rate and operating income both declined in the quarter, while higher operating expenses partly reflected costs associated with the failed merger.
Fitch expects gross profit margins in the Parts & Service business to improve to approximately 2123% in 2017, followed by moderate expansion thereafter as business growth continues.
Fitch expects upside to profitability from operating leverage upon the company optimizing its manufacturing footprint and maintaining gross profit margins within its target 29%-33% range.
Microsoft has shared gross profit margins for its cloud business on occasion before, but recently said it would do so more explicitly in its earnings statements.
That has bolstered Spotify's gross profit margin, which measures how much money a company keeps after paying out the costs directly related to generating its revenue.
It rightly pointed out that Just Eat will contribute about 70% of the combined group's revenue and gross profit, but receive just 52% of the equity.
Last week, rival Robert Walters Plc reported a fall in fourth-quarter gross profit amid a difficult labour market, impacted by caution and uncertainty over Brexit.
Helios and Matheson posted a gross loss of $104.6 million, a drastic swing from the year-ago period when it reported a gross profit of $223,000.
Perhaps the brightest spot in Jumia's 2019 performance was the company's ability to reach a gross profit of €22012 million after deducting fulfillment expenses in Q22020.
Higher supply chain costs and higher transportation expenses are expected to pressure Best Buy's gross profit rate, CFO Corie Barry said on an earnings conference call.
"We believe the most relevant monetization metrics for us are market-based revenue and gross profit," Jumia Group CFO Antoine Maillet-Mezeray explained on the call.
Charah also could lose over 10% of its gross profit if coal-fired power plants are idled or regulated into extinction, two of the sources said.
And, crucially, the larger a company's gross profit is in relation to its revenue, the higher margin its revenue is; investors love high gross margin revenue.
Recruitment firm PageGroup advanced 5.4 percent after posting higher first-quarter gross profit, as robust business in Britain and Germany offset slowness in Greater China and France.
Metro Leasing Turned Profitable: The metro-leasing division's gross profit margin rose to 14% in 2016 (2015: -19%; 2014: 27%; 13: 44%), beating Fitch's expectation of breakeven.
KEY RATING DRIVERS Low-Cost Base: KDX's cost advantages have helped it to maintain gross profit margin above 31% since 2012; with margin of 37% in 2015.
It is also lucrative: Gross profit margins for alcoholic drinks — 24 to 227 percent — are about double those for apparel and groceries, according to consulting firm AlixPartners.
Gross profit for the first quarter 2016 was EUR 4.3 million (USD 4.7 million), compared to EUR 2.6 million (USD 2.9 million) for the year ago period.
Tesla's upcoming Model 3 car could generate $20 billion in revenue per year and an annual gross profit of about $0003 billion, Chief Executive Elon Musk said.
A decline in gross profit margin when the JD.com reported quarterly results in mid-August spooked investors but was not as worrisome as it seemed, Barron's said.
"This seems like Target made the decision to invest gross profit dollars in free shipping to drive e-commerce re-acceleration," Stifel Nicolaus David Schick told investors.
"Gross profit margins have been maintained at prior year levels as we continue with our policy not to enter into short-term reactive discounting unnecessarily," JD said.
Morgan Stanley's Katy Huberty thinks services will reach 27 percent of Apple sales by 2022, up from 15 percent now, and contribute 40 percent of gross profit.
KEY RATING DRIVERS Limited Margin Improvement: Fitch expects Modern Land's gross profit margin (GPM) to remain around 337168%, compared with 337186% in 337121 and 33715097% in 33713015.
Greater China reported a 1% fall in quarterly gross profit because of the continuing impact of trade tariff uncertainty and more recently, social unrest in Hong Kong.
At present, the company's profits continue to climb, from $493 million gross profit in 249 (when Funko had just 257 active properties) to $235 million in 2018.
Take a look at the company's gross profit margin, or the money it makes from products after the cost to make and sell them is factored in.
More negatively, the company's 2019 gross profit margin will be lower than smaller and perhaps nimbler European mass-market peers Peugeot and Renault, according to Refinitiv data.
According to exchange disclosures, Xiaomi's revenue growth for the quarter ended September slowed, but gross profit for the quarter surged 25.2% to 8.2 billion yuan on-year.
Here are the biggest calls on Wall Street on Monday: Morgan Stanley said in its downgraded that revenue and gross profit growth will slow meaningfully in 2020.
Analysts on an average had expected second-quarter constant currency growth of 6.4 percent and gross profit of 178.8 million pounds, according to a company-compiled consensus.
As you can quickly see, the more gross profit a business generates from its revenue, the more money is has left over to pay for operating expenses.
Net fee income or gross profit from Europe rose 8 percent to 26.2 million pounds in the first quarter, while the UK had growth of 10 percent.
Topsports' revenue increased 22.4% last year to 26.5 billion yuan ($3.85 billion), while gross profit rose nearly 18% to 11 billion yuan, it said in the prospectus.
All of those new devices helped its services business — Roku calls it its "platform" business — bump up revenue by 91 percent, while gross profit jumped 104 percent.
Analysts at Naeem Brokerage said gross profit had recovered on a surge in revenues; they kept a "buy" rating on the stock with a target of 4393 dirhams.
Gross profit margins fell to 13.3 percent in the fiscal second quarter, down from 15.3 percent in the year-ago period, Thor said in its earnings release Monday.
That contrasted with PageGroup which reported a fall in gross profit from the UK market on Tuesday, as quarterly hiring in financial services in Britain fell 15 percent.
LVGEM's gross profit margin averaged 42% in 2014-2016, higher than the industry average of around 20% due to its advantages in obtaining lower-cost urban redevelopment projects.
We forecast '18-22 23%/34% gross bookings/adj gross profit CAGRs, driven by high-teens ridehailing growth, rapid Eats/freight expansion and eventual easing in promotional intensity.
Group 1's U.S. operations accounted for almost 78% of total revenue and about 83% of gross profit, while British operations accounted for almost 19% and 14%, respectively.
His price target of $84 assumes it will trade at 16.2 times 2020 estimated gross profit, down from a multiple of 18.5 at the time of his report.
Tesla's (TSLA) upcoming Model 224 car could generate $21.27 billion in revenue per year and an annual gross profit of about $22 billion, CEO Elon Musk said Tuesday.
Growth in Americas and continental Europe mean that group gross profit grew 7.7 percent at constant currency to 182 million pounds, topping analysts expectations of 6.4 percent growth.
Turning once again to Dawson of Jackdaw, the following chart shows precisely how the platform business is more gross profit than the hardware business for Roku: That's sharp.
Gross profit margin dropped to 15.8 percent from 16.9 percent a year earlier, due to an increase in raw material prices especially in salmon and shrimp, it said.
Group 1's U.S. operations accounted for almost 76% of total revenue and about 83% of gross profit, while British operations accounted for about 20% and 14%, respectively.
However, gross profit from the company's European business rose 25.3 percent to 271.9 million pounds, indicating that the rest of the continent was shielded from a Brexit fallout.
"This reduced profitable opportunities for trading," it said, adding that gross profit from oil trading fell by 17 percent from the first half of 2016 to $652 million.
Financial services produced almost a fifth of group operating revenue and more than a quarter of gross profit in 2015, an HNA Group bond prospectus showed in September.
"We simply do not see a path by which SPOT can generate the level of gross profit demanded by Street estimates over the medium-term," Evercore ISI said.
Borza also said Hidroelectrica expected a record gross profit of 1.3 billion lei ($331.52 million) at the end of this year, up from 1.1 billion lei last year.
In the event of additional tariffs, retailers may need to modestly raise prices - roughly 1% to 3% - to fully offset the gross profit impact from tariffs, they added.
Expenses for sales, general and administrative costs were more than Tesla's gross profit in both of the last two quarters, when it was making more cars than ever.
The company said the tariffs are expected to have "a direct adverse impact" on cost of merchandise and gross profit of about $6 million for the fall season.
Gross profit for last year rose to 407.7 million euros, up 5% from the previous year, with a margin of sales improving to 44.6% from 43.6% in 2018.
Among fourth-quarter bright spots was Germany, which recorded a 16% jump in gross profit despite weak economic data, with net fees in the technology sector growing 50%.
Asda said its gross profit rate, or margin, decreased, reflecting its own price cuts, discounting in the apparel market and a shift in mix towards lower margin categories.
Asda also said its gross profit rate, or margin, decreased, reflecting strategic price investments, discounting in the apparel market and a shift in mix towards lower margin categories.
But the company added that its gross profit margin had improved despite the cost of sales jumping 247%, as that figure was lower than the rise in revenue.
Longer-term Apple benefits from (1) 5G adoption, (2) strong wearables portfolio, and (3) continued y/y gross profit dollar growth which is favorable for stock price trend.
Low cash-flow volatility continues to reflect the group's resilient gross profit margin and flexibility to scale back expansion capex, without eroding EBITDA and funds from operations (FFO).
FACIAL RECOGNITION According to exchange disclosures, Xiaomi's revenue growth for the quarter ended September slowed, but gross profit for the quarter surged 25.2% to 8.2 billion yuan on-year.
"Losing 10% of our gross profit overnight is a tough pill to swallow," he said, referring to the original tariff rate before Trump raised it to 15% on Friday.
" It added that "excluding the higher than planned social charges, Operating Loss would have finished slightly better than forecast as a result of the slight outperformance in Gross Profit.
Gross billings, however are in decline at the moment with $453 compared to $245 a year ago, and gross profit also down to $26 versus $2616 a year ago.
Home flippers realized an average gross profit of more than $58,000 in the first quarter of this year, the highest since the third quarter of 2005, according to RealtyTrac.
Despite declining sales, Renner's gross profit was 53.7 percent of revenue last quarter, compared with a so-called gross margin of 53.1 percent a year ago, amid tighter inventory.
Average gross profit margin in the industry is as high as 80 per cent and net profit margin is around 50 per cent, according to analysts from Soochow Securities.
Wedbush Securities analyst Michael Pachter called the expansion in the company's gross profit margin "remarkable," citing impressive results from cloud sales and services to third-party merchants on Amazon.
Starbucks transaction revenue was $47 million on breakeven gross profit for the fourth quarter of 2015, which was a result of renegotiated processing rates that started in October 2015.
The company said gross profit at its agribusiness segment, historically responsible for about 0.53 percent of company revenue, fell to $203 million from $238 million in the fourth quarter.
Its sales rose a currency-neutral 8.5 percent in the first quarter to 36.7 million euros ($41.1 million), while its gross profit was up slightly at 18.4 million euros.
The company, which also operates the Anthropologie brand, believes it can drive gross profit margin growth by lowering mark-downs in the Urban Outfitters brand in the first quarter.
The unit reported first quarter gross profit of C$164 million on increased operating costs and a 23 percent production drop at Red Dog mine, due to lower grades.
Chief Financial Officer said on the call that gross profit margins could decline by about 150 basis points in the current quarter, hit by higher markdowns to clear inventory.
Gross profit, which it calls segment operating results, reached $493 million in the six months to June 30 - also down from $542 million in the same period last year.
The firm raised its price target for Tesla, predicting the electric car maker will be able to meet its 25 percent gross profit margin forecast for the Model 3.
The data evaluates median house listing price, the average number of days it takes to flip a house, average gross profit on flipping and average gross return on investment.
Gross profit came in at 471.9 million euros ($551 million), with a margin on sales of 60.6 percent, up from 58.4 percent in the first half of last year.
It carries a lower gross profit margin than other revenue streams — perhaps 20-30 percent, as opposed to 90 percent for product-related revenue — and it's not generally repeatable.
The instant noodle maker and beverage producer, a Chinese partner of Starbucks and PepsiCo, said its gross profit margin for the quarter rose 2.56 percentage points to 32.71 percent.
The company, which places people in finance, engineering, legal and marketing jobs, said overall gross profit rose 7% 106.4 million pounds ($133.03 million) for the quarter ended June 30.
On Thursday, Microsoft said its gross profit margin from its commercial cloud business was 25 percent, much lower than its traditional software business, but still attractive and growing quickly.
The company posted a gross profit margin of 42.3 percent in the six months ended in March 2018 versus 44.3 percent in the comparable period in the previous year.
Earlier in March, Brown-Forman said absorbing the costs of tariffs in key European markets was the primary reason for the decline in its third-quarter gross profit margin.
Mattel's gross margin — gross profit as a percentage of revenue — fell to 32 percent from 47 percent in the year-earlier quarter, as advertising costs shot up 18 percent.
The cash-and-carry Assaí division also posted a slight dip in its gross profit margin, but sales grew 36 percent last quarter due to the chain's rapid expansion.
Pioneer Food Group said adjusted operating profit increased by 6 percent to 2.3 billion rand ($159 million), while Rhodes Food gross profit increased by 43.9 percent to 1.2 billion rand.
O'Shea said the firm believes the services business could make up 25 percent of Apple's revenue by fiscal year 2020, as well as 40 percent of the company's gross profit.
Fitch recognizes that AMC's continued expansion into premium food offerings will pressure high concession margins; however, growth in the top line should grow absolute gross profit dollars in this segment.
While ad revenue currently accounts for merely 3-4% of JD's total revenue, we estimate its gross profit share likely exceeded 20% in 1Q19 thanks to its high-margin nature.
But their gross profit margins on what they sold during that time, were about 35 percent, paying off the investment in keeping stores open for those extra hours, he said.
A model provided to NBC News by Pembroke Consulting broke down the gross profit to each of those intermediaries, based on industry norms and using the costs stated by Bresch.
MoviePass expects its negative gross profit margin to remain significant until MoviePass can sufficiently increase its other sources of revenues to offset the losses or achieve substantial economies of scale.
The retailer also raked in a record revenue of 7.32 billion yuan over the period, up 19.2 percent, while its gross profit margin increased 2.7 percentage point to 13 percent.
"The Delivery Cube logistics operation was running smoothly and generating a gross profit in the first delivery hub, but to expand the service we needed to raise capital," she says.
The company said it expects group gross profit for the first half to fall 19 percent to $18 million and a $5 million drop in core earnings to $8 million.
For the first quarter, Priceline forecast bookings would increase 12 percent to 19 percent from a year earlier, leading to a 14 percent to 21 percent rise in gross profit.
Its gross profit margin — the portion of its revenue left over after accounting for its direct costs of offering its products and services — was 56% of its sales last year.
That change is partly driven by the growth in Amazon's gross profit — the money left after taking out fixed costs for things such as inventory, digital contents, storage and shipping.
To illustrate this change, Morgan Stanley compared the year-over-year dollar growth in Amazon's first-quarter gross profit with what the top five retailers are collectively expected to book.
Factoring in other costs, retailers stand to make a 25 percent gross profit on a shipment of $82, the size of an average online order during the 2017 holiday season.
That bodes poorly for the iPhone maker, the analyst wrote in a note, since gross profit per user has declined at a 10% annualized rate over the last five years.
The analyst estimates AMD's third-quarter gross profit margin will rise to 37.7 percent from 37 percent in the second quarter, citing the positive sales trends in the PC market.
The company, which hires employees for financial, energy, banking and pharmaceutical companies, said that gross profit for its UK and Ireland region fell 5 percent for the year ended Nov. 30.
"A stronger gross profit margin and well-controlled costs demonstrate the value of the Group's increasingly centralised supply chain and greater operating efficiency in a low-growth environment," the firm said.
The 20-year-old company's gross profit rose to 724 million Swiss francs in 2018 from 571 million francs in 2016, while its adjusted EBITDA margin rose to 33% from 17%.
TSMC forecast a gross profit margin of 46% to 48% for the third quarter, and an operating margin of 35% to 37%, compared with 13% and 31.7% respectively a year earlier.
Sainsbury's also said it would cap its fuel gross profit margin to no more than 3.5 pence per litre for five years, while Asda will guarantee its existing fuel pricing strategy.
As a growing percentage of Amazon's business comes from third-party sellers and subscriptions like Prime, investors should prioritize gross profit over year-over-year revenue growth, according to Evercore ISI.
As such, we remain bullish on AMZN at least in part because the company's gross profit is expected to grow ~400bps faster than revenue for AMZN over the next 3 years.
TSMC forecast a gross profit margin of 46% to 48% for the third quarter, and an operating margin of 35% to 37%, compared with 13% and 36.6%, respectively, a year earlier.
These include the S&P 500, S&P 500 Energy and MSCI World Energy – Daily indices in year-over-year gross profit by 16.52 percent, 37.93 percent and 1.41 percent, respectively.
The lender said it would sell stakes it holds in two funds managed by F210i SGR to Ardian, in a deal expected to generate a gross profit of 210 million euros.
Esprit said its gross profit margin had slightly increased and operating expenses had further reduced, but were not sufficient to outweigh the negative impact of the revenue decline during the period.
SThree, which aims to dominate the science, technology, engineering and mathematics hiring space in both Germany and the Netherlands, said gross profit from Continental Europe grew 20 percent in the period.
"The introduction of major appliances will help us continue to significantly improve sales and gross profit per square foot in our home department," Chief Executive Marvin Ellison said in a statement.
Group 1's U.S. operations accounted for almost 74 percent of total revenue and 80 percent of gross profit, while British operations accounted for about 23 percent and 17 percent, respectively.
The winery now relies on solar energy and, through a partnership with the organization One Percent for the Planet, contributes 1 percent of its gross profit each year to environmental causes.
"We believe KORS (pre-Versace) was a beat and raise story based on a healthier sales/GM [gross profit margin] equation," analyst Paul Lejuez said in a note to clients Wednesday.
Strong mobile gaming revenue and 7.585 billion yuan in investment gains helped buoy its gross profit margin to 50.4 percent, the first sequential quarterly increase since the second quarter of 2015.
The analyst said his experience inspecting and driving the Model 3 did not change his view that the company "will struggle" to generate 25 percent gross profit margins on the car.
AutoNation shares fell as much as 14.5 percent on Wednesday morning after the company said it expected to report $250 to $300 less gross profit per vehicle for the fourth quarter.
Inventories of higher priced tuna and a stronger baht contributed to a decline in the gross profit margin to 11.3 percent versus 14.5 percent in the same period a year ago.
"Growth in Continental Europe continuing to exceed our expectations, underlying gross profit growth of 9 (pct) in 1Q19 was marginally better than we had hoped," Investec analysts said in a note.
The company has posted gross profit of $17 million for the first three quarters of 250 thanks to favorable market conditions and the overhaul of the firm that began last year.
The tariffs are expected to impact cost of merchandise and gross profit by about $4 million and $5 million in the fourth quarter and the full year, respectively, the company said.
New products are helping expand gross profit margins (GM), analyst Kevin Cassidy said in a note to clients Wednesday, also crediting management's solid execution and a delayed competitive response from Intel.
Management has been focusing on orders with better profitability, but Fitch expects a muted outlook for the segment, which is likely to account for only 3% of gross profit (2015: 20%).
The company, reported an 11 percent rise in gross profit to 98.6 million pounds ($129.08 million) for the three months ended March, boosted by healthy hiring in Asia-Pacific and Europe.
To some extent, we believe Alphabet's investment is a function of it needing to keep pace with Amazon, which has much greater flexibility to invest given much faster gross profit growth.
Tewoo's expansion into logistics and financial services to enhance its traditional agency business has already improved its gross profit margin to 2.4% in 0003H16, from 2.2% in 2015 and 1.5% before that.
The improving profitability is also supported by the delivery of higher-margin projects that the company presold in 2015 and 2016, where we estimate the gross profit margin to be around 25%.
KEY RATING DRIVERS AMC has demonstrated traction in key strategic initiatives, as can be seen in its improving admission revenue per attendee, concession revenue per attendee, and concession gross profit per attendee.
The Surrey-based company, which operates in 36 countries and generates about a fifth of its gross profit in Britain, had said in 2017 that weakness in Britain could last two years.
Cost management allowed Best Buy to grow EBITDA from $2.0 billion in 2013 to $2.3 billion in 2015 despite modest declines in sales and gross profit (driven largely by Canadian store closures).
Those gross billings are actually down 2 percent on a year ago, and gross profit of $314.1 million was also down on $328.9 million from a year ago, weighed down by international.
Margin to Recover: Modern Land's gross profit margin (GPM) dropped to only 19% in 1H16, mainly due to the low-margin projects and social housing projects delivered in Beijing, Nanchang and Changsha.
Analyst Anthony DiClemente's said his new, "more nuanced" gross profit model and expectations for significant profit growth buoy his 250-month price target on the e-commerce giant to $4903,2490 from $2150,2990.
TD Securities analyst Greg Barnes said the earnings miss reflects lower sales and higher costs at Teck's zinc unit, which he had expected to report a gross profit of C$276 million.
Continued Margin Pressure: Hengdeli's gross profit margin narrowed to 27.2% in 1H16, from 28.1% in 2H15 and 30.5% in 0003H15, primarily due to higher sales discounts in an attempt to clear inventory.
And, while revenue is expecting to soar at a 75% CAGR from 2018 to 2023, the gross profit margin over the next few years is expected to be minimal given Uber's investment.
Despite having higher sales, Apple's gross profit — the amount of revenue that's left over after accounting for those direct costs —was actually down about 1% from the same period a year earlier.
Margin to Recover: Modern Land's gross profit margin (GPM) dropped to only 19% in 1H1503, mainly due to the low-margin projects and social housing projects delivered in Beijing, Nanchang and Changsha.
Applying the same multiple to Razer's core peripherals unit, which accounts for more than three quarters of revenue and almost all of its gross profit, will value that business at $902 million.
In addition, low cash-flow volatility continues to reflect the group's resilient gross profit margin and flexibility to scale back expansion capex (approximately 20% of total capex), without eroding EBITDA and FFO.
The company's administration costs rose during the quarter due to higher consulting fees, but its gross profit margin improved by nearly 2 full percentage points, as it cut back on marketing costs.
The British business, which accounts for 27 percent of the group, posted a 2.1 percent rise in gross profit of 36.2 million pounds ($13 million) in the last three months of 2015.
An appreciation of the Chinese yuan and a weak product upgrade cycle resulted in a 4.2 percentage points decrease in gross profit margin for the first nine months of the year, AAC said.
KDX's display film revenue expanded over past few years to 29% consolidated revenue in 2015, but gross profit margin for this segment shrank to around 20% in 2015 from above 30% before 2013.
SThree, which places people with financial, energy, banking and pharmaceutical companies, said gross profit rose to 148.4 million pounds in the six months ended May 31, from 134.4 million pounds a year ago.
"Despite a competitive retail environment, well executed merchandise offers resulted in lower markdowns and an improved gross profit percentage over the comparable period," Mr Price, which also sells homeware and sporting goods, said.
SThree, which places people with financial, energy, banking and pharmaceutical companies, said gross profit at constant currency rose 2 percent to 134.3 million pounds ($171.5 million) for the six months to May 31.
The group reported a 4.5 percent fall in British gross profit to 36.6 million pounds ($47.2 million) for the three months to June 30, accelerating from a marginal fall in the previous quarter.
Investors shrugged off an 229 percent drop in gross profit margins stemming from Wal-Mart's continued efforts to cut prices to make them more competitive, along with discounts offered after the holiday season.
"With the new pricing process in place and new efficiency in place, my expectation is that we pick up at a minimum 20 points of margin, or $560,000 in gross profit," Lemonis said.
The UK-listed company, which places workers in engineering, legal, marketing and banking jobs, said UK gross profit grew 9 percent to 23.4 million pounds ($29.1 million) in the quarter ended Sept. 30.
The bank liked that Apple flipped its gross profit from negative in the first half of 2018 to positive in the second half, its loyal user base, and the potential for an acquisition.
Residential Projects in Prime Cities: Fitch estimates the gross profit margin of Lai Fung's development properties (DP) to stay above 40% in the medium term (FY15: 728.4%), underpinned by its quality DP portfolios.
The Hong Kong-listed firm late on Monday forecast January-March profit to fall 65-75 percent compared with the same period a year earlier, and said its gross profit margin would narrow.
Monsanto anticipates gross profit from Climate Corp "in the range of a few hundred million dollars" and forecast paying acres on the platform of 300 million to 400 million by 2025, Grant said.
Vanke said in this model, gross profit margin for their rental apartments is in the 20-30 percent range, up to 10 percentage points higher than its overall property development business in 2016.
The company, which distributes and markets Shell-branded fuels and lubricants in Africa, said gross profit rose to $318 million for the six months ended June 30 from $312 million a year earlier.
O) Chief Executive Elon Musk said on Tuesday that the company's Model 3 could generate $20 billion (15.21 billion pounds) in revenue per year and an annual gross profit of about $5 billion.
The company, which warned in October of flat growth in full-year earnings, said overall gross profit or net fee income dropped to 94.2 million pounds ($123.53 million) for the quarter ended Dec.
For the remainder of 2020, bringing back growth in GMV and building on positive metrics, such as attaining gross profit after fulfillment expenses, could revive investor confidence in Jumia and its share price.
Robert Walters, which made 70 percent of its gross profit outside Britain, said in a trading statement on Tuesday that growth was broad based across permanent, contract, interim positions and recruitment process outsourcing.
Gross profit for the second quarter of fiscal 2018 was $265.7 million, or 14.0 percent of net sales, compared to $271 million, or 14.6 percent of net sales, in the prior year quarter.
The bank also believes Hostess' recently acquired Cloverhill Bakery will soon flip from a headwind to a tailwind, and argues that high-quality metrics like sales and gross profit margin are now driving earnings.
Despite increases in global revenue and boosts in North American gross profit and net customers, the company reported a net loss from continuing operation of $50.2 million compared to $32.6 million the year prior.
Net fees from its UK and Ireland operations, which account for about a quarter of Hays' gross profit, fell 10 percent, but remained stable over the preceding quarter, Hays said in its trading update.
Gross profit margins expanded 0.963 basis points in the quarter to 23.7%, thanks to the high margin services, such as "Geek Squad" that provides general tech support and advice on setting up smart homes.
It said it plans to invest 4 million pounds ($5.2 million) of gross profit to support promotions in the second half of the year, a tenth of its entire operating profit over the period.
PageGroup, which derives nearly a fourth of its profit from the UK, said gross profit from its UK business fell 3.5 percent to 146.3 million pounds ($178.24 million) in the year ended Dec. 31.
Revenue for the period rose about 12 percent to $995.8 million for the half year, offsetting an increase in the cost of sales and boosting gross profit by about 16 percent to $460 million.
Robert Walters said its gross profit in the UK fell 11% in the third quarter, while PageGroup's second profit warning of the year followed a 13% drop in quarterly earnings in its home market.
L expects to beat analysts' estimates for full-year profit after posting a 14.5 percent year-on-year rise in gross profit in the second-quarter, helped by stronger hiring in its international markets.
CEO Sacha Poignonnec pointed to Jumia's ability in Q4 to reach positive gross-profit over fulfillment expenses — one of the company's largest costs — as a sign it could eventually get into the black overall.
The company also said U.S. tariffs on Chinese imports are expected to impact merchandise cost and gross profit by about $4 million and $5 million in the fourth quarter and the full year, respectively.
The company, which mainly finds candidates to fill permanent positions, said gross profit grew 7.7 percent at constant currency rates to a record 182 million pounds ($234.27 million) in the three months June 30.
Outlook: For the coming quarter, which includes the all-important holiday shopping season, Apple said to expect revenue of between $89 billion and $93 billion and gross profit margins between 7.43 percent and 38.5 percent.
Baoshan Iron & Steel, its main publicly traded unit, reported an 82.5 percent slump in 2015 net profit to 1.01 billion yuan, and its gross profit margin dropped to a three-year low of 8.95 percent.
Revenue surged 170% in 2018 after doubling the prior year, and Beyond Meat even recorded a gross profit (the revenue left after accounting for the cost of goods sold) last year for the first time.
It was, overall, a more positive picture painted by the company: gross profit was $309.4 million, with net income from continuing operations of $3.8 million (non-GAAP net income was nearly double this, $6.8 million).
As a result, gross profit grew at the slowest pace in at least six quarters, while sales, general and administrative expenses jumped on higher payroll spending and an upgrading of systems that fanned inventory costs.
A separate financial filing shows the company's plans in the ACA marketplaces were extremely profitable last year: Just 64% of their premiums were spent on medical care, resulting in almost $2.7 billion in gross profit.
"Furniture margins in this business need to be north of 55 percent — not only to make a product but to leave yourself some gross profit to deal with quality control issues and damage," Lemonis said.
It said in November it would continue downsizing effort to accelerate closure of loss-making retail stores and expect improvement in gross profit margin and operating expenses to outweigh the negative impact of revenue decline.
The firm said its gross profit margin stood at 1.8 percent versus 503 percent in the first six months of 2016 due to "low levels of realized volatility, with prices largely range-bound from December".
Gross profit margins expanded 40 basis points in the quarter to 23.7%, as high margin services, such as "Geek Squad" that provides general tech support and advice on setting up smart homes resonate with customers.
Gross profit margins plummeted 57.5% in the first quarter from 64% in the year ago period, and missed analysts' estimate of a 61.6% drop, hit by a higher proportion of sales going to department stores.
"The company has [targeted] a sustainable rate of 5,000 [Model 3's] a week in 22Q23 of this year, and the ability to hit the 210 percent gross [profit] margin target over time," Goldman said.
Daetwyler will target total annual synergies of 50-70 million francs by the end of 2019, made up of gross profit synergies of 25-35 million francs and cost synergies of 25-35 million francs.
The company said year-on-year gross profit from its British operations fell 6.7 percent to 33.8 million pounds at constant currencies in the quarter, steeper than a 4.7 percent fall in the preceding quarter.
Sa Sa had warned in October it expected half-year profit to fall as much as 45 percent due to a decline in sales and gross profit margin at its Hong Kong and Macau operations.
HCSC had a $5.3 billion gross profit in 2017 (what it made from its health plan premiums before subtracting salaries, advertising and other costs), and $1.4 billion of that profit came from its ACA plans.
"Generating a rise in gross profit would be a terrific achievement given that the pressure on underlying gross margins persists as the sales mix shifts away from own label towards third-party items," they said.
Seven & I Holdings, the Japanese company that owns 21-Eleven, said gross profit margins at its overseas convenience stores, including those in the United States, fell half a percent in the most recent fiscal year.
The strategist noted that Russell 1000 stocks in the top quintile of each of their sectors for stable gross profit margin levels outperformed low gross margin stocks by 14 percentage points so far this year.
Gross profit margin grew 22019 basis points to 24.78% in the fourth quarter from the same period in 235, while analysts had expected 0.33%, Madrid-based brokerage Renta 20.3, said in a note to investors.
"Longer-term Apple benefits from (1) 5G adoption, (2) strong wearables portfolio, and (3) continued y/y gross profit dollar growth which is favorable for stock price trend," Bank of America said in a note.
By reducing paperwork and bureaucracy, Desai says the company makes an average revenue of $150 per patient and a gross profit margin of 28 percent in one of its largest and most competitive markets: Los Angeles.
Within the context of a solid demand environment, Fitch's expectations for higher utilization rates for TI's 0003 millimeter (mm) wafers should support elevated non-GAAP gross profit margins above 60% through at least the near-term.
Zoom, which raised a total of $29.8 million to date, posted $26.1 million in revenue in the year ending January 31, 2019, a remarkable 2x increase year-over-year, with a gross profit of $269.5 million.
Analysts at UBS estimate that a one-week production halt at VW's Wolfsburg headquarters would result in about 100 million euros ($113 million) in lost gross profit, and could have knock-on effects on other suppliers.
Home24, in which ecommerce investor Rocket Internet holds a 43 percent stake, said quarterly sales rose 21 percent to 80 million euros ($98 million), while its gross profit margin rose 1 percentage point to 46 percent.
Those who made a habit of calling for the iPhone's demise have watched the product go on to bring Apple over $600 billion of revenue and close to $250 billion of gross profit over the years.
Despite its artful designs, which are made of stainless steel to serve as "jewelry for your showers," as Papadatos puts it, the business brought in only $200,000 in revenue and $0003,000 in gross profit last year.
In a press statement released by the company, officials said its third-quarter gross profit rate decreased by 15 basis points versus the prior year's comparable period, as more of its shoppers complete their transactions online.
Analysts at UBS estimated that a one-week production halt at VW's Wolfsburg headquarters would result in about 100 million euros ($113 million) in lost gross profit, and could have knock-on effects on other suppliers.
AutoNation Chief Executive Officer Mike Jackson told Reuters the company's used vehicle segment's gross profit surged 22 percent in the quarter versus the same period in 2017, in part because the profit per vehicle was higher.
The country's fourth largest property developer by sales said late on Monday its revenue last year increased over 80 percent from a year ago, while gross profit margin climbed about 7 percent, according to unaudited accounts.
Gross profit margins plummeted 57.5% in the first quarter from 64% in the year ago period, and missed analysts' estimate of a 61.6% drop, also hit by a higher proportion of sales going to department stores.
Gross profit margins plummeted 57.5% in the first quarter from 13% in the year ago period, and missed analysts' estimate of a 61.6% drop, also hit by a higher proportion of sales going to department stores.
Sacconaghi noted how Tesla's gross profit margin for its Services and Other segment declined to a negative 45 percent in its first-quarter 2018 results from a positive 5 percent in its third-quarter 2016 report.
PageGroup, which mainly finds candidates to fill permanent positions, reported a marginal fall in year-on-year UK gross profit to 36.4 million pounds, but the result still marked the region's best performance in a year.
In Pittsburgh, home flippers made a gross profit of 162.7 percent on average during the second quarter of this year, while in Buffalo, the average gross return came in at 107.5 percent, according to ATTOM data.
Year-to-date as of October 1, DollarSprout's 2019 gross profit clocked in at $1,705,361, and the business' 1003 net income was $947,584, with the revenue projection for 2019 set at well over $224 million ($27,22014,22016).
In its most recent earnings report, for the third fiscal quarter of 2019, Indigo posted a revenue drop of more than $7 million and a gross profit decrease of nearly $16 million from a year earlier.
The company, which hires employees for financial, energy, banking and pharmaceutical companies, said gross profit for the UK and Ireland fell 7 percent to 11.7 million pounds ($15.50 million) for the first quarter ended Feb. 28.
While the company's gross margins aren't bad for a non-software company (49.6% in the first nine months of 2019), the firm spent over 73% of its gross profit last year on sales and marketing costs.
The company, which mainly finds candidates to fill permanent positions, said its second-quarter UK gross profit in constant currency fell by 2.3 percent to 38.3 million pounds ($50 million) in the three months June 30.
Third-quarter gross profit in Bunge's agribusiness - which buys, sells, stores, transports and processes grains and oilseeds around the world - nearly halved in the third quarter as slow farmer selling in South America weighed on earnings.
In 2018, BAIC Motor reported 37.01 billion yuan ($252.91 billion) gross profit while that of Beijing Benz Automotive contributed 22018 billion yuan, excluding the profit from the China JV, BAIC Motor was loss-making last year.
SThree, which places people with financial, energy, banking and pharmaceutical companies, also said in a trading update that its gross profit at constant currencies rose 5 percent to 73.7 million pounds for the quarter to June 1.
Gross profit at constant currencies for the United Kingdom and Ireland fell 10 percent to 14.5 million pounds as conditions remained challenging in the market following Britain's vote to leave the European Union and public sector reforms.
STRONG EARNINGS Gross profit margins expanded 40 basis points in the quarter to 23.7%, as high margin services, such as "Geek Squad" that provides general tech support and advice on setting up smart homes resonate with customers.
PageGroup, which places employees in 25 sectors from banking and financial services to oil and gas, said gross profit from Europe, the Middle East and Africa - its largest market - jumped more than 19 percent in the quarter.
Bunge, one of the "ABCD" companies that dominate global grains trading along with Archer Daniels Midland Co, Cargill Inc and Louis Dreyfus Co, said gross profit at the agribusiness segment rose to $235 million from $203 million.
"Assuming Android has only generated material revenue since 2010, then these figures would constitute about 10 percent of Google's revenue and 15 percent of its gross profit since that time," Atlantic Equities analyst James Cordwell told Reuters.
The files reveal that in the first quarter of last year, Postmates processed $28 million in transactions (GMV), resulting in $6.5 million in net revenue and $1.1 million in gross profit, up 67% from the prior quarter.
Gross profit at constant currency for the UK and Ireland fell 16 percent to 27 million pounds, held back by a slower market following Britain's vote to leave the European Union and public sector reforms, SThree said.
John Lewis, the employee owned biggest department store, said demand for beauty products and women's clothing had enabled it to nudge up sales but its gross profit margins remained under pressure in the "intensely competitive pricing environment".
Zoom, which has raised a total of $145 million to date, posted $330 million in revenue in the year ending January 31, 2019, a remarkable 7.53x increase year-over-year, with a gross profit of $269.5 million.
Fashion retailer H&M announced first-quarter earnings for 2016, with the firm reporting that sales had increased by 9 percent in local currencies, with its gross profit coming in at 22.7 billion Swedish krona ($2.79 billion).
Aldar's annual net profit for 13 was 2.56 billion dirhams ($697 million) in 2015, up 13 percent year-on-year, while its 2015 gross profit from recurring revenue was 1.51 billion dirhams, 49 percent higher than 2014.
The swing to profit was driven by the strong performance of GPA's Assai stores, which contributed 36 percent more to earnings before interest, tax, depreciation, and amortization (EBITDA) than a year earlier on improving gross profit margins.
We *guess-timate that cost savings from reducing Tesla's sales offices might amount to $27M per year; similarly, a 23 bps hit to GMs from lower prices would point to $225 million of lost gross profit dollars.
LONDON (Reuters) - Formula One reported total revenue of $1.7 billion in 2015, and gross profit of $557 million, but the money-spinning sport was unable to prevent the Manor team from going to the wall on Friday.
According to research by the National Automobile Dealers Association (NADA), service and parts account for more than one-third of U.S. gross profit at franchised auto dealerships, even though they typically only comprise about 12% of sales.
Non-GAAP operating income as a percentage of revenue was down slightly from a year ago; so was the domestic gross profit rate, driven primarily by rate pressure in the mobile phones category and a legal settlement.
While its revenues are growing at an impressive rate, from $53 million in 2017 to $119 million in 2018 to $250 million in the year ending January 31, 20213, its spending is far outweighing its gross profit.
Aldar's annual net profit for 2015 was 13 billion dirhams ($697 million) in 2015, up 13 percent year-on-year, while its 2015 gross profit from recurring revenue was 1.51 billion dirhams, 49 percent higher than 2014.
Robert Walters, which makes nearly two-thirds of its gross profit outside the UK, said in a trading statement on Tuesday that it had entered two new countries with the opening of offices in Canada and Portugal.
REPORTS RECORD REVENUE AND RECORD GROSS PROFIT FOR THE THIRD QUARTER OF FISCAL 2020 * RADIENT TECHNOLOGIES INC - QTRLY REVENUES OF $11.2 MILLION, AN INCREASE OF 805% OVER FISCAL Q2 2020 Source text for Eikon: Further company coverage:
The group — which produces and sells many different brands including Segafredo, Boncafe and Chock full o'Nuts — said gross profit fell 2 percent on the year, but the margin on sales rose to 43.7 percent from 41.2 percent.
The extraordinary thing about Carmax is that the Company's gross profit per used car sold basically doesn't change even when the year's average price per car sold moves up or down by 5 percent in any given year.
High Margin, Moderate Leverage: Fitch expects the property-development segment to have a gross profit margin of above 13% in 2017-2018 due to sales from the high-margin LVGEM Hongwan Garden and Mangrove Bay No. 1 projects.
The faux meat company, which produces plant-based burgers, reported $40.2 million in revenue for the quarter — Wall Street expected less than $8003 million — and boosted gross profit margin by more than 1,000 basis points year-over-year.
But a slight miss on fiscal fourth-quarter revenue and a projection of gross profit margins a touch behind analyst targets reflected broader concerns that Apple may have lost its tech superiority, even with the refreshed iPhone 29.01.
Shopify reported results for its fiscal Q21.2 123 on Tuesday, and the numbers are strong: Revenue grew 212 percent year over year, and the company's gross profit also grew 2100 percent compared to the same quarter in 2000.
The company, G-III, which also manufactures products for brands like Calvin Klein, DKNY, and Tommy Hilfiger, cited the Ivanka Trump brand as one of a number of brands that saw "an increase in gross profit" last year.
"Given Amazon's shifting business mix, the pace of gross profit growth has become a more relevant indicator of the health of the business, and as such, should be the key metric used to value the company," DiClemente wrote.
"We were able to expand overall trading volumes and gross profit, with refined non-ferrous metals, coal and iron ore all showing strong tonnage growth and non-ferrous concentrates maintaining leading market positions without sacrificing margins," it said.
However, that Bezos has not seen fit to raise the hourly pay of his workers despite the historic growth of his company, with $6900 billion in gross profit during the first quarter of 2628 alone, is simply unacceptable.
The chipmaker reported better-than-expected third-quarter adjusted earnings 10 cents per share versus the 8 cent Wall Street consensus, but it forecast a gross profit margin of 35 percent for the fourth-quarter, below some estimates.
In addition, the municipal government has authorised Huafa to conduct primary land development in large-scale urban development projects, which accounted for an average of 218% of group revenue and 22016% gross profit over the previous three years.
But construction company Al Khodari rose 1.3 percent after saying it had made a gross profit of 13.9 million riyals ($3.7 million) by auctioning off plant and machinery, and would reflect that profit in its fourth-quarter earnings.
The company's gross profit in the United Kingdom last year fell 3.8 percent to 140.8 million pounds ($195.3 million), on a constant currency basis, hurt by challenging conditions in the legal as well as sales and marketing sectors.
Other challenges included "Roundup Ready Xtend-related costs and lower soybean volumes — amplified by the delayed EU import approval — as well as lower cotton gross profit in India arising from pricing regulations and declines in planted acres," Courduroux said.
Among the reasons given for the earnings decrease was a decline in sales of computers and computer supplies, lower gross profit margin, and an increase in selling and distribution expenses as part of its efforts to expand market share.
The plan is that the new business will have gross profit margins north of 50 percent, so it's not a drag on the bottom line of the combined company as the core business looks to break into the black.
"I suspect that analysts had expected a smaller than in reality positive impact of the Qualia one-off, which gave the bank 114 million zlotys (at the gross profit level)," said Michal Konarski, an analyst with DM mBank brokerage.
The Houston-based company, with dealerships in the United States, Britain and Brazil, reported a 13.93% increase in gross profit in the quarter as revenue from new-vehicle sales rose 7.3%, and retail used-vehicle revenue increased almost 10%.
Fu Shou Yuan International Group, China's largest death-care service provider listed in Hong Kong, had a gross profit margin of 78.9 per cent for the six months ended June 30, according to a Hong Kong stock market filing.
Full-year gross profit for its home appliances business The Good Guys came in at A$426.1 mln, a 59.2 percent jump, despite a fall in its gross margin reflecting strong online competition and weak consumer sentiment in Australia.
Gross profit from the sale of memberships to its flexible workspace operations and service revenue rose in the third quarter to $808 million from $454 million in the year-ago quarter, a presentation to investors reviewed by Reuters showed.
Total sales declined by 1.3 percent * full year guidance of a decline in gross profit percentage revised to between 100 and 150 basis points to reflect a more promotional marketplace Source text for Eikon: Further company coverage: (London newsroom)
Inflation in ingredients, packaging and transportation rose 3.7 percent and hurt gross profit by $50 million, with higher freight costs accounting for about a quarter of inflation, Conagra Chief Financial Officer David Marberger said on a call with analysts.
An article on Thursday about procedures known as fat freezing that enhance physiques misstated the number of treatments necessary to get a "gross profit" of $200,000 a year for CoolSculpting, one of the procedures, according to an investor presentation.
MILAN, Nov 10 (Reuters) - Italian coffee maker Massimo Zanetti Beverage Group says: * Has tweaked its full-year guidance to take into account the negative impact of the higher green coffee prices and the benefit from the Nutricafes acquisition * New guidance sees coffee volumes up between 2 percent and 4 percent compared with a 43-3 percent increase indicated previously * Net debt at year-end forecast at below 225 million euros, compared with a previous 170 million euro ceiling * Expected FY gross profit rise confirmed at up between 4 and 6 percent * Roasted coffee sales volumes grew 4.5 percent to 96.653 tons in the first nine months * Consolidated turnover fell 3 percent to 670.7 million euros year-on-year in the period * Consolidated adjusted EBITDA was up 9.2 percent to 46.2 million euros * Gross profit in the fourth quarter is seen below gross profit in Q4 2015 (Reporting by Francesca Landini)
Wuhan Iron & Steel, its mainly listed unit, reported a 23 billion yuan ($22.5 billion) loss in 22011, and its gross profit margin slumped to minus 20153 percent, the first time it has been negative since the company's listing in 22015.
Senior industry sources said the freezing of Trafigura's investment should not have a material impact on the Swiss firm given it reported $97.2 billion in revenue and $2.6 billion of gross profit in 2015 as shown in Trafigura's annual report.
In 2016, Canada Goose said it had revenue of $291 million, and $103 million of that revenue came from the U.S. The company reported a gross profit of $146 million and net income of $27 million for the same year.
The company, which mainly finds candidates to fill permanent jobs, reported a record second-quarter gross profit that beat expectations, but its shares fell 2 percent to 13 pence by 0900 GMT because of a further decline in the British market.
The company, which focuses on placing candidates mainly in permanent rather than temporary jobs, said profit rose 10.9% to 74.6 million pounds ($90.68 million) in the six-month period ended June 30, while gross profit from the UK fell 0.3%.
The social media and gaming firm had posted on Wednesday better-than-expected net profit and gross profit margin for the first quarter, driven by the strong performance of its mobile gaming business and gains in its sprawling investment operations.
Financial services accounted for about 17 percent of the group's operating revenue of 183 billion yuan ($28.22 billion), and more than 40 percent of gross profit in 2016, led by its financial leasing operations, an HNA Group bond filing shows.
The company, which also announced an investment of $50 million in online car retailer Vroom Inc, said revenue from new vehicle sales fell 5.6 percent to $2.93 billion in the quarter and gross profit was down 13.4 percent at $125.4 million.
The company, with dealerships in the United States, Britain and Brazil, reported a 8.2 percent increase in gross profit in the quarter as revenue from new-vehicle sales rose 7.4 percent and retail used-vehicle revenue jumped almost 20 percent.
Fitch views certain incentives or rebates provided by the automotive original equipment manufacturers (OEMs) to be more detrimental to AutoNation's margins than the e-commerce threat, as incentives and rebates could impact gross profit per vehicle in the new vehicle business.
REPORTS FIRST QUARTER RESULTS - RECORD REVENUE AND GROSS PROFIT * Q1 ADJUSTED EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS * Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $2.33 BILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:
The report, published in September, added that the company's underlying earnings growth remained solid, with turnover growth of more than seven percent in the 12 months to March 2015 and gross profit up over four percent during the same period.
The firm confirmed it expects sales to grow by a high single-digit percentage this year, while it sees its gross profit margin remaining flat from last year's 45.5 percent, with operating earnings between 115 million and 125 million euros.
Asda, the UK's third largest grocer after Sainsbury's and market leader Tesco, said on Thursday like-for-like sales, excluding fuel, rose 0.4 percent, in its fiscal second quarter, on a gross profit rate that increased compared to last year.
The company also reported its gross profit fell 20.7 percent to 21 billion roubles in the quarter, with its gross margin sliding to 266.7220 percent from 27 percent a year ago as net sales rose 16.7 percent to 255.3 billion roubles.
Many investors had expected worse after Sa Sa warned in October it expected half-year profit to fall as much as 45 percent due to a decline in sales and gross profit margin at its Hong Kong and Macau operations.
BUSINESS DAY An article on Thursday about procedures known as fat freezing that enhance physiques misstated the number of treatments necessary to get a "gross profit" of $24637,000 a year for CoolSculpting, one of the procedures, according to an investor presentation.
At Mr. Macklowe's 296 Park tower, the project's all-in costs were estimated at about $2100 billion, while the sale of all the units in the building could reap more than $5803 billion, leaving a gross profit of $2580 billion.
The company made $34 million in gross profit on its platform last quarter on about $46 million in revenue: Roku had 15.1 million active user accounts in Q2 streaming 3.5 billion hours of video, according to Roku's S-1 filings.
And last year, Florida Blue more than doubled its bottom line by registering a gross profit (before taxes and other expenses) of almost $1.1 billion just on its Obamacare plans sold on and off the exchanges, according to financial documents analyzed by Axios.
The company also said its pro forma gross profit margins will drop modestly to between 69 and 71 percent this year, compared with 71.6 percent in 2016, due to higher spending on research and development, unfavorable foreign exchange rates and other factors.
"We expect our gross profit in the second half of the year to be negatively impacted by certain accelerating headwinds, including an increase in the rate of generic deflation, and a lower contribution from new generic launches," Collis said, in a statement.
On Monday, Evercore ISI analyst Anthony DiClemente placed a $1,965 price target on the stock, up from $1,800, arguing that it looked cheap at its current levels based on what he saw as a more accurate metric for the company: gross profit growth.
Significant Master-Lease Income: In 2016, 27% of ART's gross profits stemmed from master leases with fixed rentals and in most cases built-in annual rent escalations, while a further 13% of gross profit stemmed from management contracts with minimum guaranteed rental income.
The company, which earned 21 percent of its quarterly gross profit in Britain, said the fall in sterling since the Brexit vote in June was helping exporters and possibly also manufacturers, but importers, such as retailers, were probably finding it slightly tougher.
Samsonite said its gross profit margin was 56.5 percent at the end of March, from 55.3 percent a year earlier, due to a higher proportion of net sales coming from the direct-to-consumer channel and increased sales of Tumi-branded goods.
PageGroup's worldwide gross profit rose 1.3 percent at constant currencies to 158.6 million pounds, helped by strong growth in Latin America outside of Brazil and in continental Europe - indicating the concerns around Brexit have not yet spread to the rest of the region.
Groupon expects gross profit to be in the range of $1.30 billion and $1.35 billion, an increase of $40 to $90 million compared to full year 2016 results for the 15 countries in our go-forward footprint on an FX-neutral basis.
Single-family homes and condos flipped in the third quarter of this year brought an average gross profit of $66,448 per flip, representing a 47.7 percent return on investment for flippers, according to Attom Data Solutions, a real estate data and analytics company.
Gross profit should contemplate all cost of sales per Rule 270 of Regulation S-X including, but not limited to pre-opening costs, depreciation or amortization expense associated with leasehold improvements, equipment and furniture, which are an integral part of your customer offerings.
Q1 REVENUE WAS 994.8 MILLION ZLOTYS * Q1 RESULTS INFLUENCED BY HIGHER GROSS PROFIT FROM SALES, INCREASE IN SALES AND GENERAL MANAGEMENT EXPENSES, AS WELL AS INCREASE IN NET FINANCIAL COSTS AND HIGHER INCOME TAX Source text for Eikon: Further company coverage: (Gdynia Newsroom)
Investors raised eyebrows at the timing of the dividend as BCP bought the company roughly a year ago, as well as the sponsor's limited track record and high customer concentration – its top two customers comprise roughly 80% of gross profit, sources said.
Expansion and product strategy drove total sales revenue to 278.7 billion baht, up 8.7 percent from the year earlier with a gross profit margin of 28.1 percent, down from 28.3 percent in 2016 due to higher oil prices that pressured logistics costs, the company said.
Although the company has garnered praise for its stellar financials — Zoom posted $330 million in revenue in the year ending January 31, 2019, a remarkable 2x increase year-over-year, with a gross profit of $269.5 million — the road to IPO hasn't been without hiccups.
SThree said group gross profit from placing people in permanent jobs fell 2 percent in constant currency in the six months ended May 31, as long-term staffing decisions were hit hard by the weakening of the banking and finance market globally and Brexit uncertainty.
PageGroup, which places people in 25 sectors including, banking and financial services and oil and gas, said group gross profit rose to 207.7 million pounds ($2018.5 million) in the quarter, up from 177.2 million pounds a year earlier, helped by growth across all its regions.
Read more: 7 investors and founders reveal 6 reasons Europe has never produced its own Facebook, Google, or AmazonAccording to Checkout's most recent financial filings, the company reported $47 million in revenue in 2017, EBITDA of $8.4 million, and a gross profit margin of 54%.
SThree, which makes three quarters of its gross profit from outside Britain and Ireland, said it expected pretax profit for the year to the end of November to be slightly above the top end of market guidance of 37.3 million to 39 million pounds.
Amazon&aposs gross profit margin — the percentage of sales left over after accounting for the direct costs of offering a product or service — on its third-party sales business is likely around 60% to 75% of sales, compared with around 80% for AWS, Pachter estimated.
According to Walmsely, if Amazon can get to a 30 percent share of the mail order pharmacy market, as well as roughly $55 billion of front office sales and achieve 4 percent of U.S. online healthcare advertising, it could add $3 billion in gross profit.
In the latest quarter, two-thirds of its revenue and 96% of its gross profit came from the platform, which includes licensing partnerships with TV makers, ad sales and the sale of branded buttons to companies like Netflix, Amazon and Hulu, on its remote controls.
Tullow expects its first-half gross profit to be $500 million, yielding pre-dividend free cash flow of about $100 million that would rise to $450 million for the full year, excluding $200 million due to be paid on closure of the Uganda deal.
"The margin swoon is on higher-than-expected revenues, so the gross profit and consensus EPS [earnings per share] outlook remain largely unchanged, and the company outlook calls for margins to improve in early CY17 [calendar year 2017]," wrote equity analyst Paul Coster in a research note.
The companies will invest a combined $48 million, shared equally, next year to market the non-invasive DNA screening test Cologuard, while Pfizer will receive 50 percent of gross profit above an agreed-upon baseline, Exact Sciences Chief Executive Officer Kevin Conroy told Reuters in an interview.
Food delivery, which accounts for more than half of its revenue, reported gross profit of 2.86 billion yuan in the quarter, more than double the 1.41 billion yuan for the same period a year earlier, as it extended its lead in China's competitive food-takeout market.
LONDON, Oct 25 (Reuters) - Carpetright said the fall in the pound had increased the costs of the carpets and floor coverings it imports into its British stores, resulting in a squeeze in its gross profit margin in the country by up to 2 percent for the year.
To measure the economics and operating performance of the company's core operations, Jumia uses "platform contribution," a metric it defines as gross profit — excluding revenue from services outside the core platform — subtracted by fulfillment costs from third-party logistics providers, primarily related to freight and shipping.
Jefferies, however, cut its target price to HK$515 from HK$530, saying in a note that while Tencent's gross profit margin was higher than expected, the push to grow revenues from its advertising and financial services business might continue to weigh on the firm's margins.
Gross profit and margins in oil fell despite total volumes in oil trading rising by 25 percent from the period a year earlier to an average of 4.995 million barrels per day, broadly on a par with Glencore and only behind the world's top oil trader Vitol.
"We believe the street continues to underappreciate the pricing/GM [gross profit margin] upside from AMD's mix-shift to newer Ryzen and EPYC server products, which can more than offset any risk from graphics cards sold to crypto miners," Arya said in a note to clients Monday.
Strong demand for temporary workers in continental Europe and an improvement in U.S. conditions meant the staffing company generated a 2 percent rise in gross profit for the year, it said in a trading statement, sending its shares up 3.6 percent to 285 pence by 1110 GMT.
The group confirmed its expectation that its gross profit margin would grow by around 60 basis points this year, half the margin expansion seen over the next few years and partly dented by an increase in the prices of agave syrup, a key ingredient for tequila.
"The board believes that the expected turnaround in operating results is principally due to an increase in both the sales revenue and gross profit of the group and a decrease in expense ratio in 2015," chairman Li Ning said in a filing to the Hong Kong bourse.
Most of Spotify's revenue goes right back out the door to music rights owners, which is why the company only generated gross profit of $502 million in 2016 (all prices in the story are converted from euros to dollars at the exchange rate from December 30, 2016).
Here are some other key stats for the quarter: Mac sales (units): 4.2 million iPad sales (units): 8.9 million Services revenue: $7.0 billion For the current quarter, Apple said to expect revenue of between $43.5 billion and $45.5 billion and gross profit margins between 37.5 percent and 38.5 percent.
" David Rolfe, chief investment officer at Wedgewood Partners, which manages $25 billion: "You have to go back to Rockefeller and Standard Oil to find a company so dominant in a business so large ... [I]n many quarters, Apple collects more than 80% of gross profit across the smartphone industry.
"While Roku has established itself as the leading independent OTT streaming platform [through] a device and software strategy, the stock is now the most expensive publicly traded Internet-based company, on the basis of Platform revenue or Platform gross profit," analyst Jason Helfstein wrote in a note to clients.
The 4.7 percent drop in PageGroup's UK gross profit to 13 million pounds ($47 million) in the third quarter was steeper than the 2.3 percent fall in the previous quarter, but less than four analysts forecast, as hiring for lower paid and temporary positions held up better than expected.
The group, whose attempt to be taken over by rival Sainsbury's for 7.3 billion pounds ($9.3 billion) was blocked by Britain's regulator in April, also said on Thursday its gross profit rate, or margin, and its operating income had both declined in the three months to Sept. 30.
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - Contracted sales sustained above CNY30bn in the next three years - Gross profit margin (including capitalised interests) maintained at 20%-25% over 2017-2019 - Attributable land premium around 45% of total contracted sales in the next three years.
But if it simply substitutes offline demand for online sales it could lose out, because it would have to hand over a big chunk of its profit margin to third parties (at least there is plenty to go round; IKEA Group's gross profit margin averaged 40% between 2012 and 2016).
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - Contracted sales sustained above CNY30 billion in the next three years - Gross profit margin (including capitalised interests) maintained at 20%-25% over 2017-2019 - Attributable land premium around 45% of total contracted sales in the next three years.
The Houston-based company, with dealerships in the United States, Britain and Brazil, reported a 3.7% increase in gross profit in the quarter as revenue from new-vehicle sales rose 0.6% despite a slight decrease in unit sales, and retail used-vehicle revenue increased 2.1% on 4.6% growth in unit sales.
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - Contracted sales sustained above CNY30bn in the next three years - Gross profit margin (including capitalised interests) maintained at 20%-25% over 13-2019 - Attributable land premium around 45% of total contracted sales in the next three years.
McCourt cited how 46 percent of the upgrading consumers plan to buy the more expensive iPhone X. He predicts the better product mix will benefit Apple's gross profit margins by 2 percentage points in fiscal 2018 and increase the average selling price for its iPhone business by 10 percent next year.
Gross profit margin increased by 0.2 percentage points to 17.9 pct of turnover * Headline earnings per share (HEPS) - increased 23.7 pct from 66.62 to 82.43 cents per share * Directors have declared an interim gross dividend (number 97) of 29.90 cents per share out of income reserves Source text for Eikon: Further company coverage:
"With topline likely flattish at best, GMs [gross profit margin] heading lower, and worse than expected NAND [flash memory] pricing driving increased potential for cannibalization of HDDs [hard disk drives], we see risk to the downside for Seagate after an excellent run," analyst C.J. Muse said in a note to clients Tuesday.
EBITA AT 1.6 BILLION, DIVIDEND AT 1.76 SEK/SHARE​ * OUTLOOK 2018: ORGANIC SALES GROWTH IS EXPECTED TO BE SLIGHTLY POSITIVE IN 2018​ * OUTLOOK 2018: CURRENCY TRANSACTION EFFECTS ARE EXPECTED TO HAVE A NEGATIVE IMPACT OF APPROXIMATELY SEK 100 M ON THE GROUP'S 2018 EBIT * SAYS EXCLUDING NON-RECURRING ITEMS, GROSS PROFIT WAS IN LINE WITH THE YEAR-EARLIER PERIOD, WHILE EBITA 1 WAS NOT SATISFACTORY * OPERATING PROFIT WAS NEGATIVELY AFFECTED BY OUTSTANDING GROUP-WIDE EXPENSES FOLLOWING THE DISTRIBUTION OF ARJO * SAYS WE ARE TACKLING THIS BY GRADUALLY REDUCING OUR OPERATING EXPENSES IN RELATION TO SALES * SAYS NON-RECURRING COSTS CHARGED TO GROSS PROFIT FOR THE QUARTER PRIMARILY COMPRISE WRITE-DOWNS OF A NUMBER OF CAPITALIZED RESEARCH PROJECTS AND INVENTORY IMPAIRMENT.
However, in the longer term, positive rating action may result from: - Investment properties' value exceeding CNY5 billion (2016: CNY5 billion; 2015: CNY103 billion) and annual development property sales sustained above CNY3 billion (2016: CNY2.3 billion; 2015: CNY923 million); and - Recurring gross profit/interest coverage rising over 1.0x on a sustained basis (2016: 0.5x; 2015: 0003x).
Even as Mylan boosted its gross profit margin on EpiPens in the U.S. to an estimated 75 percent last year from 57 percent in 183 by raising prices, it had to cut them in the U.K. (the product there was sold under license by Meda AB until Mylan bought the Swedish drugmaker this year).
When companies of that maturity level go out seeking funding, the thinking is typically that their presentations need to be chalk full of numbers — their key performance indicators, or KPIs, such as their customer acquisition costs and their number of monthly active users, and their financial figures, such as their revenue and gross profit.
"We have updated our proprietary model and continue to believe that the market underestimates the gross profit contribution from services, but more importantly, that it underappreciates its growth potential and the annuity-type business it drives in terms of retention and replacement across the business," analyst Kulbinder Garcha wrote in a note to clients Tuesday.
Nonetheless, We expect the company to report a ratio of 1.1x in 2017 and 1.5x in 0003 Sector and Customer Concentration: More than 73% of Tewoo's revenue and 56% of gross profit were generated from metals and ore trading in 2016, leaving the trader heavily dependent on the health of China's ferrous metals industry.
To find the best and worst states for flipping a house, GOBankingRates analyzed data from real-estate site Zillow and property-data warehouse ATTOM in four key categories: median house listing price, the average number of days it takes to flip a house, average gross profit on flipping and average gross return on investment.
Creative China Holdings Ltd: * CREATIVE CHINA HOLDINGS LTD - FY REVENUE RMB48.1 MILLION VERSUS RMB15.4 MILLION * CREATIVE CHINA HOLDINGS LTD - FY GROSS PROFIT RMB17.6 MILLION VERSUS LOSS OF RMB41.8 MILLION * CREATIVE CHINA HOLDINGS LTD - DUE TO OUTBREAK OF COVID-19, EXPECTS TO POSTPONE CERTAIN CONCERTS TO LATE 2020 Source text for Eikon: Further company coverage:
By contrast, profits in the UK fell 2 percent year-on-year and the company overall now generates more than 80 percent of its profit from business outside the UK. Gross profit rose to 148.4 million pounds in the six months ended May 31, from 134.4 million pounds a year ago, the company said in the trading update.
"Apple's introduction of iPhone X at a $999 entry price, its increase to iPhone 8/8+ prices, and its change to storage step-up pricing collectively represent a more aggressive strategy to segment its customer base and extract incremental gross profit from its users than we previously expected," analyst Andy Hargreaves wrote in a note to clients Sunday.
"This is a company that had $7.8 billion in gross profit in 2018 and didn't pay a dime in federal income tax," Frank Clemente, executive director of Americans for Tax Fairness, told me, before running through the assorted mechanisms used by the country's corporations to avoid contributions to the federal treasury: patents held by foreign subsidiaries.
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - contracted sales (including primary land sales) to increase by 19% to reach CNY58 billion in 2017 and grow in the low teens in 2018 and 2019 - Gross profit margin of property development to remain above 0003% in the next 24 months but decrease to around 20% in 2019 and 2020.
"While AMD's well publicized new PC, GPU and server CPU product launches are ramping into higher volume shipments and should be an increasing mix, the lack of sequential gross [profit] margin expansion has us questioning how the customers are valuing these new products or whether the market acceptance is slower than anticipated," Stifel analyst Kevin Cassidy wrote in a note to clients Tuesday.
Haverty Furniture Companies Inc: * Q1 SALES $199.4 MILLION VERSUS I/B/E/S VIEW $199.4 MILLION * Q1 EARNINGS PER SHARE VIEW $0.21 — THOMSON REUTERS I/B/E/S * EXPECT THAT GROSS PROFIT MARGINS FOR FULL YEAR 2018 WILL BE APPROXIMATELY 54.5% COMPARED TO 54.3% IN 2017 * TOTAL CAPITAL EXPENDITURES ARE ESTIMATED TO BE APPROXIMATELY $20 MILLION IN 2018 Source text for Eikon: Further company coverage:
DECLARES SPECIAL CASH DIVIDEND OF $1.00 PER SHARE * R C M TECHNOLOGIES INC - BELIEVE Q4 REVENUES WILL RANGE BETWEEN $48.0 MILLION AND $50.0 MILLION * R C M TECHNOLOGIES INC - BELIEVE Q4 GROSS PROFIT WILL RANGE BETWEEN $12.7 MILLION AND $13.2 MILLION * R C M TECHNOLOGIES INC - DECLARED A SPECIAL CASH DIVIDEND OF $1.00 PER SHARE, PAYABLE ON DECEMBER 28, 2017 Source text for Eikon: Further company coverage:
REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS * SEES FLAT TO LOW SINGLE-DIGIT INCREASES IN COMPARABLE SALES IN FIRST HALF OF 2018 * SEES GROSS PROFIT EXPANSION OF APPROXIMATELY 200 BASIS POINTS IN FIRST HALF OF 2018 * STEIN MART - EXPECT H1 2018 OPERATING INCOME TO BE IN EXCESS OF $8 MILLION * STEIN MART - ENTERED INTO NEW $50 MILLION TERM LOAN WITH GORDON BROTHERS FINANCE COMPANY * STEIN MART - "ENCOURAGED" BY SALES TREND IN FEB.
Announces second quarter 2016 results * Sees q3 loss per share $0.24 to $0.29 * Q103 same store sales fell 11.1 percent * Q2 gaap loss per share $0.31 * Sees q3 2016 sales $142 million to $147 million * Q2 revenue $132.1 million * Sees q3 comparable store sales decrease on an owned plus licensed basis in range of 7% to 10% * Company expects q3 gross profit margin to be comparable to last year Source text for Eikon: Further company coverage:
EXCLUDING EUR 22020 MLN RELATED TO ARBITRATION SETTLEMENT, NET SALES WERE EUR 21.50 MLN, AN INCREASE OF 22019% COMPARED TO PREVIOUS QUARTER * REGULAR DIVIDEND INCREASES 23.00% COMPARED TO DIVIDEND PAID OVER 183 * GROSS PROFIT MARGIN WAS 218% IN Q22020 21.5, AND 43.6% EXCLUDING ARBITRATION SETTLEMENT COMPARED TO 42.4% IN PREVIOUS QUARTER * WE ALSO PLAN TO PAY OUT AN EXTRA-ORDINARY DIVIDEND AND PLAN TO START A NEW EUR 100 MLN SHARE BUYBACK PROGRAM * Q4 OPERATING RESULT INCREASED TO EUR 131 MLN.
LONDON, March 20 (Reuters) - * Swiss-based energy trader Mercuria Group reported a gross profit of $674 million in 2017, down from $716 million in 2016, the company said on Tuesday * Mercuria's traded volumes of crude and refined products rose to 121 million tonnes from 105 million tonnes * Gas and power volumes fell while metals and minerals edged higher after halving in 2016 * Revenue rose to $104 billion from $91 billion * Total equity for the group rose to $3.08 billion from $2.88 billion (Reporting by Julia Payne; editing by Jason Neely)
Negative: Future developments that could lead to negative rating action include: - Inability to sustainably maintain cost savings derived from efficiency programmes or excessive idle capacity in different market segments, leading to RMI-adjusted EBITDAR/gross profit remaining weak - Inability to return consolidated FFO to approximately USD0.5bn (FY16: USD0.3bn) and to improve profitability and cash flow generation - Reduced financial flexibility as reflected in FFO fixed charge cover (RMI-adjusted) falling below 3.0x, - FFO gross leverage (RMI-adjusted) above 4.5x at Tereos group level (31.53x at TI level) on a sustained level.
Headline earnings per share increased 229.90 pct on last year * Is on track with its 2015 plan to create 5 000 new jobs per year by 2020 * Further 2 100 new jobs were created in first half of this year * Is on track with developing its operations in Ghana and Nigeria, with both businesses in an early start-up phase * Group turnover at r973 billion, increased 7.2 pct on last year * Like-For-Like turnover grew 3.5 pct (3.8 pct constant currency) with new stores contributing 3.7 pct to turnover growth * Gross profit increased by 8.2 pct to r6.7 billion.
Veru Inc: * VERU CONTINUES STRONG POSITIVE SALES MOMENTUM IN FISCAL 2020 FIRST QUARTER; NET REVENUES INCREASE 20203%, GROSS PROFIT UP 57% * Q1 EARNINGS PER SHARE ESTIMATE $-0.02 — REFINITIV IBES DATA * Q1 REVENUE $10.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $8.8 MILLION * COMPLETION OF VERU-111 PHASE 1B CLINICAL TRIAL AND INITIATION OF PHASE 2 PROSTATE CANCER CLINICAL TRIAL IN Q2 FY 2020 * COMPANY WILL SUBMIT AN NDA FOR TADFIN WHICH IS EXPECTED IN SECOND HALF OF 2020 * VERU SEES ZUCLOMIPHENE ENTERING PIVOTAL PHASE 3 CLINICAL TRIAL FOR TREATING HOT FLASHES IN MEN WITH PROSTATE CANCER ON ADT AFTER MEETING WITH FDA Source text for Eikon: Further company coverage:
KEY ASSUMPTIONS Fitch's key assumptions within the rating case for KDX include: - Gross profit margin erosion in 2017 and beyond - Capex of CNY2.5bn a year for 2016, 2017 and 2018 - No major M&A RATING SENSITIVITIES Positive: Developments that may, individually or collectively, lead to positive rating action include: - Major improvement in KDX's market position - Positive free cash flow on a sustained basis Negative: Developments that may, individually or collectively, lead to negative rating action include: - Operating EBITDA margin sustained below 25% - Failure to sustain revenue growth; although this may be offset by free cash flow turning positive - Failure to maintain a net cash position - Sustained decrease in cash flow from operations Contact: Primary Analyst Kelvin Ho Director +852 5003 9940 Fitch (Hong Kong) Limited 19/F.
Jens Körner appointed as new CEO and sole member of management board * For financial year as a whole, we expect group to generate sales of at least 22016 million euros ($23.8 million)and EBITDA between 20.3 mln euros and 21 mln euros * FY record sales of 0.53,20.5 thousand euros (21: 20.9282,009 thousand euros) and EBITDA of 1,748 thousand euros in past financial year (2015: 539 thousand euros) * Anticipate Q1 sales of around 13 mln euros (Q1 2016: eur 14.4m) with a gross profit of around 4.0 mln euros (q1 2016: eur 3.8m) and negative ebitda of around -0.3 mln euros (q1 2016: 0.5 mln euros) * Jens Körner will succeed Ulrike Handel with immediate effect * Management board will thus reduce from two members previously to one member.
KEY ASSUMPTIONS Fitch's key assumptions within the rating case for TI include: --Low-single digit revenue growth through the forecast period, driven by strength in automotive and industrial; --Operating EBITDA margin in the mid-40s, driven by higher gross profit margin and cost savings related to the company's restructuring program; --Capital spending is in the mid-single digits as a percentage of revenues, including expansion of the company's 300mm analog capacity; --TI uses 100% of pre-dividend FCF, proceeds from equity compensation plus net debt issuance for shareholder returns, with expectations for dividends approaching 50% of pre-dividend FCF; --TI will continue debt reduction by meeting upcoming debt maturities with available cash as it has done since 2013; --No significant acquisitions, despite continued consolidation in the semiconductor industry.
Announces first quarter fiscal 2017 financial results * Q1 loss per share C$23 * Q1 sales C$48.7 million versus I/B/E/S view c$46.1 million * Q1 same store sales fell 5.7 percent * Q1 earnings per share view C$-0.06 — Thomson Reuters I/B/E/S * Q1 adjusted loss per share C$0.04 * Davidstea - chief financial officer, Luis Borgen, has notified company that he will be leaving, effective july 31, 2017 * Davidstea - Ddavidstea has begun a search for its next cfo​ * Davidstea - ‍expect continued gross profit margin pressure in q2​ * Davidstea - ‍will not be issuing quarterly and annual guidance through 2017​ * Davidstea - for rest of year, "Canada will be a clear focus" where it anticipates opening ten to fifteen new stores Source text for Eikon: Further company coverage:
KEY ASSUMPTIONS Fitch's key assumptions within our rating case for the issuer include: - Contracted sales to increase mid to high single digit a year over 173-2018; - Average selling price for contracted sales to be largely unchanged for 2016-2018; - Gross profit margin at around 2852% -22018% in 29914-2852 (22852: 29935%) RATING SENSITIVITIES Positive: Future developments that may individually or collectively, lead to positive rating action include: - Evidence of stronger linkage with the parent and the Guangzhou government - Recurring EBITDA interest coverage improving to above 20153x - Sustained improvement of contracted sales/total debt to closer to 22015x (end-21003109: 231x) Negative: Future developments that may individually or collectively, lead to negative rating action include: - Weakening linkage with the parent and the Guangzhou government - Net debt/adjusted inventory exceeding 45% - Contracted sales / total debt sustained below 0.60x - Significant drop in contracted sales Contact: Primary Analyst Vicki Shen Director +852 2018 9918 Fitch (Hong Kong) Limited 19/F.
Mondelez International Inc: * Q26.853 EARNINGS PER SHARE VIEW $226.85 — THOMSON REUTERS I/B/E/S * MONDELEZ - QTRLY NET REVENUE $239.4,2110 MILLION VERSUS $6,414 MILLION LAST YEAR * MONDELEZ - MAINTAINS ITS FULL YEAR 2018 OUTLOOK OF DOUBLE-DIGIT ADJUSTED EPS GROWTH ON A CONSTANT-CURRENCY BASIS * MONDELEZ - QTRLY ORGANIC NET REVENUE GREW 2.4% * MONDELEZ -CONTINUES TO EXPECT FREE CASH FLOW OF APPROXIMATELY $2.8 BILLION FOR FULL YEAR 2018 * MONDELEZ - MAINTAINS ITS FULL YEAR 39.43 OUTLOOK OF ORGANIC NET REVENUE GROWTH OF 1 TO 2 PERCENT * MONDELEZ - "CONTINUE TO SEE ENCOURAGING SNACKING CATEGORY GROWTH TRENDS, ESPECIALLY IN EMERGING MARKETS" * MONDELEZ - SEES 2018 ADJUSTED OPERATING INCOME MARGIN OF APPROXIMATELY 17 PERCENT * MONDELEZ - ESTIMATES CURRENCY TRANSLATION WOULD INCREASE NET REVENUE GROWTH BY APPROXIMATELY 2 PERCENT IN FULL YEAR 2018 * MONDELEZ - ESTIMATES CURRENCY TRANSLATION WOULD INCREASE ADJUSTED EPS BY APPROXIMATELY $0.06 IN 2018 * FY2018 EARNINGS PER SHARE VIEW $2.46, REVENUE VIEW $26.85 BILLION — THOMSON REUTERS I/B/E/S * MONDELEZ - QTRLY ADJUSTED GROSS PROFIT MARGIN WAS 39.4 PERCENT, DOWN 110 BASIS POINTS, DRIVEN BY UNFAVORABLE MIX, HIGHER COMMODITY COSTS & FREIGHT INFLATION Source text for Eikon: Further company coverage:

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