(142) The cost of goods sold is a key component in determining a company’s gross profit margin. (139) A low gross profit margin may indicate that a company is struggling to generate revenue. (131) The company’s gross profit margin is impacted by changes in the cost of raw materials.

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(80) The management team is working on strategies to improve the gross profit margin. (77) The cost of sales is a key component in calculating the company’s gross profit. (52) Horizontal analysis revealed a decline in the company’s gross profit margin. (51) The company’s gross profit margin has increased significantly this quarter. (41) The income account is used to calculate the company’s gross profit margin.

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(35) The profit-and-loss statement revealed a decline in gross profit margin. “Our proven scale efficiencies have been enhanced by our investment in AI, which has driven down operating expenses and improved gross profits,” it said. The same Restaurant Cash Flow Management split also applies to cost of goods sold, which is labeled cost of revenue in this case.

More Gross Profit Sentence Examples

• As such, reducing shipping costs, manufacturing costs, or costs of raw materials are ways to increase gross profit.
• Gross profit optimization is key if high production or supply chain costs are eating into margins, making it crucial for companies selling physical products.
• (129) The company’s gross profit margin remained stable despite a decrease in overall sales.
• (208) Gross profit for the quarter was lower than expected, but the company’s long-term growth prospects remained strong.
• (209) The CFO presented a detailed report on the company’s gross profit, which included projections for the next quarter.
• (186) Despite a decrease in gross profit, the company’s net income increased due to cost-cutting measures.

(232) The marketing team proposed a new advertising campaign to boost gross profit, but the finance department was concerned about the potential costs. (230) The company’s gross profit was impacted by a decrease in consumer spending, so management decided to focus on expanding their product line. (229) The CEO announced a new partnership to expand the company’s reach and increase gross profit, which was met with enthusiasm from investors. (227) The company’s gross profit was higher than expected, but the marketing team was concerned about the negative feedback from customers. (225) The CFO suggested diversifying the company’s product line to increase gross profit, but the CEO was hesitant to take on more risk. (207) The CFO recommended a cost-cutting strategy to improve gross profit, and the board of directors approved the plan.

Forgetting to Include All Direct Costs

(76) The income summary account is used to calculate the gross profit of a business. (62) The gross profit margin for the company was higher than the industry average. (42) The gross profit margin is calculated by dividing gross profit by revenue.

• (231) The company’s gross profit margin was negatively impacted by a decrease in demand, but the CEO was optimistic about future growth opportunities.
• (94) The company’s gross profit was higher than expected due to cost-cutting measures.
• International and foreign currency payments services are provided by Wise US Inc.
• (90) The company’s gross profit was negatively affected by a decline in market demand.
• (75) The company’s gross profit margin is a reflection of its competitive advantage.

(192) The gross gross profit in a sentence profit margin is a measure of a company’s profitability before deducting operating expenses. (186) Despite a decrease in gross profit, the company’s net income increased due to cost-cutting measures. (169) The gross profit margin can be calculated by subtracting the cost of goods sold from revenue. (153) The accounting function helps businesses determine the cost of goods sold and gross profit. (81) The company’s gross profit margin is lower than expected due to increased costs.

(190) Although contra asset account the company’s gross profit increased, the CEO was still concerned about the rising expenses. (187) The CEO announced a plan to increase gross profit, and the board of directors approved the proposal. (182) The company’s gross profit margin improved significantly after implementing cost-cutting measures.

(50) The company’s gross profit was impacted by a decrease in consumer spending. By mastering this essential financial metric, you transform from a business owner who hopes for the best to one who steers with confidence and clarity. ‍Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc.