Gross Margin

Gross Margin

The difference between the revenue generated from sales and the cost of goods sold, expressed as a percentage. Gross margin indicates the profitability of a product or business and is often used to assess pricing strategies and cost control measures.

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Grocery

A retail establishment primarily focused on selling a broad assortment of food products, encompassing items such

Everyday Low Price (EDLP)

A retail pricing strategy offering customers consistently low prices on products without requiring coupons, waiting for

Excess Inventory

Also referred to as surplus inventory, denotes the surplus stock held by a company beyond what