Campbell Soup Company Common Stock (CPB)
Gross profit margin
| Jul 28, 2024 | Jul 30, 2023 | Jul 31, 2022 | Aug 1, 2021 | Aug 2, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,078,000 | 1,406,000 | 1,236,000 | 1,612,000 | 2,999,000 |
| Revenue | US$ in thousands | 9,636,000 | 9,357,000 | 8,562,000 | 8,476,000 | 8,691,000 |
| Gross profit margin | 11.19% | 15.03% | 14.44% | 19.02% | 34.51% |
July 28, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,078,000K ÷ $9,636,000K
= 11.19%
The gross profit margin for Campbell Soup Company Common Stock has experienced a downward trend over the past five years, declining from 34.51% in August 2020 to 11.19% in July 2024. This suggests that the company's cost of goods sold relative to its revenue has been increasing, leading to a lower percentage of revenue retained as gross profit. The decreasing trend in the gross profit margin may indicate challenges in managing production costs or pricing strategies. Further analysis of the company's cost structure and pricing policies would be necessary to fully understand the reasons behind this trend.
Peer comparison
Jul 28, 2024