| Stage | SMG | % of rev | PZZA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.2B | 100.00% | $482M | 100.00% | SMG ×2.43 |
| Gross profit | $366M | 31.22% | $143M | 29.72% | SMG +1.5pp |
| Operating income | $170M | 14.47% | $23M | 4.81% | SMG +9.7pp |
| Pre-tax income | $155M | 13.24% | $14M | 2.83% | SMG +10.4pp |
| Net income | $112M | 9.57% | $9M | 1.80% | SMG +7.8pp |
| Stage | SMG | PZZA | Gap · A − B |
|---|---|---|---|
| Revenue | $1.2B100.00% | $482M100.00% | SMG ×2.43 |
| Gross profit | 31.22%$366M | 29.72%$143M | SMG +1.5pp |
| Operating income | 14.47%$170M | 4.81%$23M | SMG +9.7pp |
| Pre-tax income | 13.24%$155M | 2.83%$14M | SMG +10.4pp |
| Net income |
| 9.57%$112M |
| 1.80%$9M |
| SMG +7.8pp |
No shared counterparties.