Noun
(finance) the net sales minus the cost of goods and services sold
Source: WordNetAdjusted Same Store SG&A as a percent of gross profit decreased 50 basis points to 90.4 percent. Source: Internet
S4 said it now "believes it has an even stronger fighting chance of doubling organically (meaning like-for-like) over the three years 2020-22 and delivering like-for-like double digit revenue and gross profit growth and reasonably strong margins in 2020." Source: Internet
Foreign exchange hedge gains, which benefited gross profit, were $3.5 million in Q4. Source: Internet
I mean, this was decent gross profit dollars that went out the door. Source: Internet
In addition, the increase in gross profit includes a $4 million benefit from unrealized mark-to-market adjustments related to commodity hedging contracts. Source: Internet
Second quarter segment sales increased 1 percent, and gross profit increased 7 percent to per ton. Source: Internet