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net sales

 

Definitions from WordNet

Noun net sales has 1 sense
  1. net sales - gross sales reduced by customer discounts, returns, freight out, and allowances
    --1 is a kind of
    income

Definitions from the Web

Net Sales

Definition: Net sales, also known as revenue or sales turnover, refers to the total amount of revenue a company generates from its sales after deducting any discounts, returns, and allowances.

Example sentences:

  • The company's net sales increased by 10% compared to the previous year.
  • After accounting for returns and allowances, the net sales for the quarter amounted to $1.5 million.
  • The financial report showed a decline in net sales due to the implementation of new pricing strategies.

Related products:

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