Rizzo Group AB (OSTO:RIZZO B) Gross Margin % : 49.71% (As of Nov. 2023)

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What is Rizzo Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rizzo Group AB's Gross Profit for the three months ended in Nov. 2023 was kr25.9 Mil. Rizzo Group AB's Revenue for the three months ended in Nov. 2023 was kr52.1 Mil. Therefore, Rizzo Group AB's Gross Margin % for the quarter that ended in Nov. 2023 was 49.71%.

Warning Sign:

Rizzo Group AB gross margin has been in long-term decline. The average rate of decline per year is -3.2%.

The historical rank and industry rank for Rizzo Group AB's Gross Margin % or its related term are showing as below:

OSTO:RIZZO B' s Gross Margin % Range Over the Past 10 Years
Min: 37.22 Med: 51.92 Max: 57.32
Current: 37.22

During the past 13 years, the highest Gross Margin % of Rizzo Group AB was 57.32%. The lowest was 37.22%. And the median was 51.92%.

OSTO:RIZZO B's Gross Margin % is ranked better than
51.51% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs OSTO:RIZZO B: 37.22

Rizzo Group AB had a gross margin of 49.71% for the quarter that ended in Nov. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rizzo Group AB was -3.20% per year.

Rizzo Group AB Gross Margin % Historical Data

The historical data trend for Rizzo Group AB'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.

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Rizzo Group AB Gross Margin % Chart

Rizzo Group AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross Margin %

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52.30

48.27

45.97

57.32

40.46

Rizzo Group AB Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Gross Margin %	Get a 7-Day Free Trial															65.36	35.33	40.60	27.16	49.71

Competitive Comparison of Rizzo Group AB's Gross Margin %

For the Apparel Retail subindustry, Rizzo Group AB'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.

Rizzo Group AB's Gross Margin % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Rizzo Group AB's Gross Margin % falls into.

Rizzo Group AB Gross Margin % Calculation

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

Rizzo Group AB's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )	=	Gross Profit (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	90.3	/	223.108
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(223.108 - 132.833)	/	223.108
	=	40.46 %

Rizzo Group AB's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )	=	Gross Profit (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	25.9	/	52.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(52.1 - 26.2)	/	52.1
	=	49.71 %

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.

Rizzo Group AB (OSTO:RIZZO B) 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

Rizzo Group AB had a gross margin of 49.71% for the quarter that ended in Nov. 2023 => Durable competitive advantage

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.

Rizzo Group AB Gross Margin % Related Terms

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Rizzo Group AB (OSTO:RIZZO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rizzo Group AB (OSTO:RIZZO B) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

8Q2:Germany

Address

Linnegatan 89 C, Stockholm, SWE, 104 50

Website

http://www.rizzogroup.se

Rizzo Group AB retails accessories, travel accessories and footwear products. The company operates through two business areas namely the Rizzo and, Accent and Morris chains. In the accessories business area, the Accent and Morris chains offer a selection of accessories and travel goods. The Rizzo business area, is involved in the manufacture of footwear and accessories.

Rizzo Group AB (OSTO:RIZZO B) Headlines

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