net sales


Also found in: Dictionary, Thesaurus, Wikipedia.
Related to net sales: net profit

Net sales

Gross sales less returns and allowances, freight out, and cash discounts allowed.

Net Sales

The amount a company receives from the sale of its products, after deducting discounts, returns of products by customers, and damaged, missing, or stolen products. Net sales provide the most accurate calculation of what a company has received or expects to receive in revenue from sales. Any financial statement indicating "sales" refers to net sales.

net sales

Gross sales for a period after cash discounts, returns, and freight expenses have been deducted. Compare gross sales.
References in periodicals archive ?
This reflects a decline of 0.8% when compared with net sales of USD68.0m in the four-week fiscal month ended 4 August 2018.
Also, the company reaffirmed its outlook for the year 2019 and continues to expect net sales to grow in 2019, as compared with EUR10.047m in 2018.
The 11% increase year-over-year in Q1-19 net sales reflects positive growth in Southern Europe and in Northern & Central Europe.
Advanced Connectivity Solutions reported 2019 second quarter net sales of $92.5 million, a 15.0% increase compared to 2019 first quarter net sales of $80.5 million and a 21.1% increase compared to 2018 second quarter net sales of $76.4 million.
Net sales of the Convenience business area were [euro]101.2 million ($113.7 million) and net sales of the Care business area were [euro]8.5 million ($9.5 million).
Selling, general and administrative expenses (SG&A) were $414.5 million, or 3.96 percent of net sales, compared to $429.0 million, or 4.28 percent of net sales in the prior-year quarter.
Net sales grew for the fifth consecutive quarter to USD4.5m for the second quarter ended 30 June 2018, up 17.6% over net sales of USD3.8m the second quarter of 2017.
First Half Results of Operations: For the first half ended June 30, 2017 (2017 first half), consolidated net sales of $5,401 million increased $384 million, or 8%, compared to the first half ended June 24, 2016 (2016 first half).
At [euro]369 million (2015/2016: [euro]436 million), the Banking segment recorded a downturn in net sales of 15% in the first quarter of the financial year.
For the fourth quarter, net sales fell 1.8% to $786.6 million.
The fourth quarter of 2016 marked the third consecutive sequential quarterly increase in net sales, gross profit and profitability during fiscal year 2016, as a result of company initiatives as well as typical seasonality.
Net sales grew 2.4% to $1.1 billion (6.7% constant currency)