General Mills Gross Profit Margin (Quarterly) | GIS
Aug 31, 2019· Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is 250, the current gross profit margin is 50 percent ((500250)/500). If the company is able to reduce production costs from 250 to 200, the gross profit margin is 60 percent ((500200)/500).