you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 2 weeks ago (1 child)

Retail stores make way less than that. Their margins are razor thin.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 2 weeks ago

    You're thinking of net profit margin. Gross profit margin will vary by item but 30% is a pretty normal amt there.

    The most specific number I could find is best buy averaging 22-23%. Which is a bit lower but same ballpark.

  • source
  • parent