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Since 1999, enabling retailers and store owners to "Turn on your financial headlights!"
Nursery, Garden Center
& Farm Supply Stores
NAICS 444220: This industry comprises establishments primarily engaged in retailing nursery and garden products, such as trees, shrubs, plants, seeds, bulbs, and sod,
that are predominantly grown elsewhere. These establishments may sell a limited amount of a product they grow themselves.
Also included in this industry are establishments primarily engaged in retailing farm supplies, such as animal (non-pet) feed.

 

Benchmarks

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see below for source for benchmark numbers

About Benchmarks

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The Retail Owners Institute encourages retailers to monitor the trends of these six key financial indicators of your store's performance.  Watching these key ratios can provide important early warnings of needed changes. (More info here)
  • Inventory Turnover
  • Gross Margin Percent
  • Pre-Tax Profit Percent
  • Debt-to-Worth Ratio
  • Current Ratio
  • Return on Assets Percent
Then, take advantage of The ROI's presentation of five year trends for 6 key ratios for 50+ separate retail segments. Compare your store's performance to others in your particular retail niche. This can provide valuable perspective - and even peace of mind! - for retail owners.

Need a refresher on the formulas for these key ratios, and how to calculate them with a pencil?  See The ROI's "Cheat Sheet" Quick Reference Guide.)
  • The segments featured at The ROI reflect the definitions and designations of the North American Industrial Classification System.
  • Retailers may need to examine the benchmark numbers in more than one segment to get perspective on their own store's performance, particularly if their store does not exactly fit the NAICS category.

Retail Business Insights

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 * Source: Risk Management Association Annual Statement Studies, 2011-12.  www.rmahq.org

Copyright 1999–2012 by The Retail Owners Institute® and Outcalt & Johnson: Retail Strategists, LLC