### Cherokee (CHKE)

1.65 +0.00  +0.00% NASDAQ Jan 23, 16:58 Delayed 2m USD

# Cherokee Gross Profit Margin (Quarterly):

78.97% for Oct. 31, 2017
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## Cherokee Historical Gross Profit Margin (Quarterly) Data

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Oct. 31, 2017 78.97%
July 31, 2017 65.40%
April 30, 2017 72.93%
Jan. 31, 2017 66.06%
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A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.

If a company produces phones and earns \$32 million in sales but pays \$24 million for the items sold, then the company's gross profit margin would be (\$32M - \$24M) / \$32M = 25 percent.

Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is \$250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from \$250 to \$200, the gross profit margin is 60 percent ((500-200)/500).

Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.

## CHKE Gross Profit Margin (Quarterly) Benchmarks

Benchmarks
Liquidity Service 52.78%
Appliance Recycling 33.08%
Build-A-Bear Workshop 44.79%

## CHKE Gross Profit Margin (Quarterly) Range, Past 5 Years

 Minimum 65.40% Jul 2017 Maximum 78.97% Oct 2017 Average 70.84%

## CHKE Gross Profit Margin (Quarterly) Excel Add-In Codes

• Metric Code: gross_profit_margin
• Latest data point: =YCP("CHKE", "gross_profit_margin")
• Last 5 data points: =YCS("CHKE", "gross_profit_margin", -4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.