Gross Margin % is calculated as gross profit divided by its revenue. BRC's Gross Profit for the
three
months ended in Dec. 2023 was $31.7 Mil. BRC's Revenue for the
three
months ended in Dec. 2023 was $119.6 Mil. Therefore, BRC's Gross Margin % for the quarter that ended in Dec. 2023 was 26.47%.
The historical rank and industry rank for BRC's Gross Margin % or its related term are showing as below:
BRCC'
s Gross Margin % Range Over the Past 10 Years
Min: 31.71 Med: 38.48 Max: 43.47
Current: 31.71
During the past 5 years, the highestGross Margin % of BRC was 43.47%. The lowest was 31.71%. And the median was 38.48%.
BRCC's Gross Margin % is ranked better than 65.25% of 1807
companies
in the Consumer Packaged Goods industry
Industry Median: 25.04
vs BRCC: 31.71
BRC had a gross margin of 26.47% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for BRC was 0.00% per year.
BRC Gross Margin % Historical Data
The historical data trend for BRC's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, BRC's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BRC's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, BRC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BRC's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
BRC (NYSE:BRCC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
BRC had a gross margin of 26.47% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
BRC Gross Margin % Related Terms
Thank you for viewing the detailed overview of BRC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BRC Inc is a veteran-controlled company that serves premium coffee, content, and merchandise to active military, veterans, and first responders. it is committed to producing great coffee that consumers love, and high-quality merchandise that enables its community to showcase its brand. its omnichannel distribution has three components: Direct to Consumer channel includes its e-commerce business, through which consumers order products online and products are shipped to them, The wholesale channel includes products sold to an intermediary such as convenience, grocery, drug, and mass merchandise stores, who in turn sell those products to consumers, and Outpost channel includes revenue from its Company-operated and franchised Black Rifle Coffee retail coffee shop locations.
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