How to impact your Gross Profit Margin (GPM)?
When analyzing the pulse of a retail business, profit is at the center of focus. The difficulty resides in that profit is a moving variable from month to month. It may appear stable when you review your bank account’s cash flow at the end of each month with your accountant, however, the structure of how it was created (categories, SKUs) is usually fundamentally different from one month to the next. Source: extract from There Performance Group’s monthly dashboard - Store Pulse