Your English writing platform
Discover LudwigExact(2)
Currie noted that Walgreens gross margin grew, in contrast to rival Rite-Aids gross margin decline reported on Thursday.
Gross Margin On a year-on-year basis, the decline in our Devices & Services non-IFRS gross margin in the first quarter 2012 was driven primarily by the significant gross margin decline in Smart Devices and, to a much lesser extent, in Mobile Phones, partially offset by higher IPR royalty income.
Similar(58)
Gross margin declined slightly to 31.3 percent in the quarter, from 31.6 percent a year earlier.
Gross margin declined slightly to 23.8percentt from 24.3percentt, mainly because Amazon lowered prices on some items, said Tom Szkutak, Amazon's chief finance officer.
– Competitive industry dynamics, which negatively affected net sales in the Mobile Phones and Smart Devices business units, particularly in India, the Middle East and Africa and China; and – Gross margin declines, particularly in the Smart Devices business unit.
Gross margins declined 0.8 percentage points to 27.5percentt.
Gross margins declined 1.9 percentage points from the first quarter to the second quarter.
Peter Oppenheimer, Apple's chief finance officer, told analysts that he expected gross margins to decline during the third quarter, to about 32percentt.
We believe gross margins will decline as pricing pressures increase.
The gross profit margin declined 112 basis points to 19.02%.
"The company met consensus estimates for revenue but fell below [earnings per share] consensus estimates, driven by a decline in gross margin," says Clardy.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com