And by high gross margins, I mean 60 per cent or more.

我所说的较高的毛利率，是指60%以上。

youdao

The term "net sales" shall mean gross sales less quantity iscounts and returns, but no deduction shall be made for cash or other iscounts or uncollectible accounts.

“净销售额”指总销售额减去数量折扣和利润，但不包括现金折扣和不可收帐目折扣。

youdao

If a company's gross margin is falling, that could mean that the company is slashing prices (due to increased competition) or that cost of production is rising and the company can't increase prices to offset it.

FORBES: Signs That It Might Be Time To Sell

Stronger rises in factory output and the construction sector, together with continued falls in unemployment, could mean national income as measured by gross domestic product (GDP) is not shrinking as quickly as first estimated.

BBC: Retail sales rise points to stronger UK economy

That will mean fewer actors getting a cut of first-dollar gross.

FORBES: Financing