Academy Sports Outdoors Inc (ASO)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,110,211 | 2,085,746 | 2,125,576 | 2,158,193 | 2,212,502 | 2,224,018 | 2,262,385 | 2,308,818 | 2,351,095 | 2,266,123 | 2,145,796 |
| Revenue (ttm) | US$ in thousands | 6,125,820 | 6,077,490 | 6,172,400 | 6,276,400 | 6,360,830 | 6,422,800 | 6,522,410 | 6,623,780 | 6,747,300 | 6,532,020 | 6,277,440 |
| Gross profit margin | 34.45% | 34.32% | 34.44% | 34.39% | 34.78% | 34.63% | 34.69% | 34.86% | 34.84% | 34.69% | 34.18% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,110,211K ÷ $6,125,820K
= 34.45%
Academy Sports Outdoors Inc has maintained a relatively stable gross profit margin over the past 11 quarters, ranging from 34.18% to 34.86%. This indicates that the company is effectively managing its production costs and pricing strategies to ensure a consistent level of profitability on its goods sold. The slight fluctuations in the gross profit margin suggest that Academy Sports Outdoors Inc has been able to effectively adjust its pricing and cost structures in response to market conditions. Overall, the consistent gross profit margin reflects the company's ability to maintain healthy profit margins despite changes in the business environment.
Peer comparison
Feb 3, 2024