sales profit (B1)
noun phrase
Pronunciation: seɪlz ˈprɒfɪt
Definition
The financial gain from selling goods or services, calculated as revenue minus the cost of goods sold.
Examples
The company reported a significant increase in sales profit due to strong holiday demand.
Analyzing the sales profit for each product line helps in strategic decision-making.
How to Use sales profit
- sales profit margin (collocation)
- The ratio of sales profit to sales revenue, expressed as a percentage. — "A higher sales profit margin indicates better efficiency in converting sales into profit."
- sales profit per unit (collocation)
- The profit made from selling a single item or unit of a product. — "The sales profit per unit for the new model is higher than for the older one."
Synonyms of sales profit
Words with a similar meaning to sales profit:
Antonyms of sales profit
Words with the opposite meaning to sales profit:
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