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Lojas Quero-Quero (BSP:LJQQ3) Gross Profit : R$843 Mil (TTM As of Mar. 2024)


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What is Lojas Quero-Quero Gross Profit?

Lojas Quero-Quero's gross profit for the three months ended in Mar. 2024 was R$206 Mil. Lojas Quero-Quero's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was R$843 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lojas Quero-Quero's gross profit for the three months ended in Mar. 2024 was R$206 Mil. Lojas Quero-Quero's Revenue for the three months ended in Mar. 2024 was R$588 Mil. Therefore, Lojas Quero-Quero's Gross Margin % for the quarter that ended in Mar. 2024 was 35.09%.

Lojas Quero-Quero had a gross margin of 35.09% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Lojas Quero-Quero was 41.32%. The lowest was 33.26%. And the median was 39.04%.

Warning Sign:

Lojas Quero-Quero SA gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Lojas Quero-Quero Gross Profit Historical Data

The historical data trend for Lojas Quero-Quero's Gross Profit 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.

* Premium members only.

Lojas Quero-Quero Gross Profit Chart

Lojas Quero-Quero Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 542.04 669.80 793.94 769.12 826.01

Lojas Quero-Quero Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 189.49 188.42 218.84 229.26 206.44

Competitive Comparison of Lojas Quero-Quero's Gross Profit

For the Specialty Retail subindustry, Lojas Quero-Quero's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Lojas Quero-Quero's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lojas Quero-Quero's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lojas Quero-Quero's Gross Profit falls into.



Lojas Quero-Quero Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Lojas Quero-Quero's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2398.127 - 1572.115
=826

Lojas Quero-Quero's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=588.33 - 381.89
=206

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$843 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Lojas Quero-Quero's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=206 / 588.33
=35.09 %

* 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.


Lojas Quero-Quero  (BSP:LJQQ3) Gross Profit 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

Lojas Quero-Quero had a gross margin of 35.09% for the quarter that ended in Mar. 2024 => Competition eroding margins


Lojas Quero-Quero Gross Profit Related Terms

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Lojas Quero-Quero (BSP:LJQQ3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida General Flores da Cunha, 1943, Vila Cachoeirinha, Cachoeirinha, RS, BRA, 94910-003
Lojas Quero-Quero SA is engaged providing integrated solutions to customers, with a comprehensive portfolio of construction materials, home appliances and furniture, in order to meet their needs in the household goods and construction segment. It currently has stores distributed in the states of Rio Grande do Sul, Santa Cataria, Parana, Mato Grosso do Sul and Sao Paulo, in addition to three distribution centers. The company has one operating segment with consists of revenues obtained from retail activities, financial services and credit cards on a segregated basis.

Lojas Quero-Quero (BSP:LJQQ3) Headlines

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