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This Popular Brand Has Better Profit Margins Than Apple or Nike. Is the Stock a Buy?

This Popular Brand Has Better Profit Margins Than Apple or Nike. Is the Stock a Buy?

For consumer-goods companies, it's hard to create a business model that has wide profit margins. The maker of rugged coolers, cups, and other outdoor gear had a gross profit margin of 48% in 2022. Billionaire investor Warren Buffett has a lot to say about high-margin consumer-goods businesses (more on that in a moment).