Also, the difference in the company's gross margin
from its forecast was driven by better than expected demand for its enterprise HDD portfolio and cost containment execution.
This time last year, Apple reported a gross margin
of 47.37 percent, a remarkable figure by anyone's standards and the highest in Apple's history.
Embedded gross margin
amounted to $2.1 billion (including $175.6 million of discontinued operations embedded gross margin
), a decrease of 3% due to decline in the North American customer base in part associated with bad debt in Texas, which was partially offset by gross margin
optimization initiatives and a favorable foreign exchange impact.
Helping explain why Tesla's automotive gross margin
didn't fall even more as the company's lower-cost Model 3 deliveries grew to represent a larger portion of revenue, CFO Zachary Kirkhorn confirmed that the vehicle's gross margin
has been improving.
GAAP gross margin
was 67 percent of revenue, compared to 65 percent of revenue in 2017.
Comparable-store sales grew 4.6%, over and above a 5.1% growth the previous year, and gross margin
was 40.1% of sales, compared to 39.5% of sales.
for the first quarter of fiscal 2018 was USD 11.6 million, an increase from first quarter fiscal 2017 gross margin
of USD 6.7 million.
Capital Cubethen looked at the Gross Margin
Trend for Cumulus compared to the three other radio companies.
A 70 bpts YoY decline in the 1H16 gross margin
was mainly driven by a 61 bpts increase in CoGS as a percentage of sales, which is no surprise given substantial price investments in 1H, and especially in 1Q16 (3.2 ppts).
More than a quarter of single stores' gross margin
dollars come from foodservice