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Gross revenue represents the total sales generated without any deductions, while net revenue is what remains after subtracting costs like returns, allowances, and the cost of goods sold (COGS).
The Effect of Returns on Gross Margin. ... For example, if you have $100,000 in sales revenue and $10,000 in sales returns, your net sales would be $90,000, or $100,000 minus $10,000.
Net sales already have discounts, returns, and other allowances factored in. Gross Sales vs. Net Sales Gross sales are the total sales transactions within a specific period for a company.
Levi Strauss & Co.(NYSE:LEVI) reported fiscal 2025 second-quarter earnings on July 10, 2025, posting 9% organic net revenue growth, a record gross margin of 62.6%, and adjusted diluted EPS up 37% year ...
Gross monthly revenue doesn't include sales discounts or returns of damaged goods. When you subtract those from the gross amount of revenue, you get net sales, aka net revenue.
For example, if an exchange-traded fund has a 0.40% gross expense ratio and a .10% net expense ratio, that would indicate that 0.30% of the fund’s assets are being used to waive fees, reimburse ...
SYDNEY--Insurance Australia Group Ltd. returned to an annual net profit, but saw its reported insurance margin take a hit due to higher natural perils costs. The general insurance company reported ...
THE departure of Bill Gross, the world’s best known bond manager, from PIMCO, the investment firm he helped to found, has many potential lessons. At its simplest, it can be portrayed as a ...
On March 19, 2025, staff from the Securities and Exchange Commission (SEC staff) updated its prior guidance regarding the requirement to show net returns of an individual investment, or subset of ...
In calculating the percentage of gross income that was omitted, tax practitioners need to remember that there is no line on tax forms for gross income for purposes of Sec. 6501(e), only total income: ...