Definition: In the retail industry, it is the income that results from the sale of goods and services, as well as the interest, dividend, royalty, and licensing income received by an organization. Gross revenue is the retail organization's net monetary gain before subtracting taxes, fees, and expenses.
Also Known As: income, sales, gross receipts
Common Misspellings: revnue, revenew, revenieu, revenu
Examples:While many retailers reported a decline in revenue in the third quarter of 2008, Coach Inc. made $145 million in profits from $766 in sales.