The historical rank and industry rank for Fresh Vine Wine's Gross Margin % or its related term are showing as below:
VINE'
s Gross Margin % Range Over the Past 10 Years
Min: -141.62 Med: 15.08 Max: 33.24
Current: -141.62
During the past 5 years, the highestGross Margin % of Fresh Vine Wine was 33.24%. The lowest was -141.62%. And the median was 15.08%.
VINE's Gross Margin % is ranked worse than 100% of 207
companies
in the Beverages - Alcoholic industry
Industry Median: 38.78
vs VINE: -141.62
Fresh Vine Wine had a gross margin of -226.36% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Fresh Vine Wine was 0.00% per year.
Fresh Vine Wine Gross Margin % Historical Data
The historical data trend for Fresh Vine Wine'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.
Competitive Comparison of Fresh Vine Wine's Gross Margin %
For the Beverages - Wineries & Distilleries subindustry, Fresh Vine Wine'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.
Fresh Vine Wine's Gross Margin % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fresh Vine Wine's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fresh Vine Wine'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.
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
Fresh Vine Wine had a gross margin of -226.36% for the quarter that ended in Dec. 2023 => No sustainable 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.
Fresh Vine Wine Gross Margin % Related Terms
Thank you for viewing the detailed overview of Fresh Vine Wine's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fresh Vine Wine (Fresh Vine Wine) Business Description
Fresh Vine Wine Inc is a producer of low carb, low calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.
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