| Stage | BBW | % of rev | GCO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $115M | 100.00% | $530M | 100.00% | GCO ×4.60 |
| Gross profit | $62M | 54.20% | $272M | 51.36% | BBW +2.8pp |
| Operating income | $11M | 9.61% | $4M | 0.68% | BBW +8.9pp |
| Pre-tax income | $12M | 10.09% | $3M | 0.64% | BBW +9.4pp |
| Net income | $9M | 7.60% | $3M | 0.66% | BBW +6.9pp |
| Stage | BBW | GCO | Gap · A − B |
|---|---|---|---|
| Revenue | $115M100.00% | $530M100.00% | GCO ×4.60 |
| Gross profit | 54.20%$62M | 51.36%$272M | BBW +2.8pp |
| Operating income | 9.61%$11M | 0.68%$4M | BBW +8.9pp |
| Pre-tax income | 10.09%$12M | 0.64%$3M | BBW +9.4pp |
| Net income |
| 7.60%$9M |
| 0.66%$3M |
| BBW +6.9pp |