The share of revenue remaining after the cost of goods sold has been deducted.
Gross margin expresses gross profit as a percentage of revenue. First subtract the cost of goods sold from revenue, then divide the remaining gross profit by revenue and multiply by 100. Revenue of 100 and cost of goods sold of 60 produce gross profit of 40 and gross margin of 40%. Other operating costs still need to be considered when assessing overall profitability. The distinction between the amount and the percentage matters: gross profit states a monetary result, while gross margin shows its size relative to sales.
In job listings
Birks’s Retail Stores Director role in Toronto included gross margin and expense management against budget. The pairing shows that the role considered both the trading margin and wider spending, with budget performance providing the stated reference point for assessing these areas of store financial management. Search local jobs for “gross margin”.
