Net Sales reviewed by Will Kenton

This article was first published on www.investopedia.com

What is Net Sales
Net sales are the sum of a company's gross sales minus its returns, allowances, and discounts. Revenues reported on the income statement often represent net sales. 

BREAKING DOWN Net Sales 
Net sales typically do not account for the cost of goods sold, administrative and general expenses, or other operating costs used to determine operating income. Many investors and analysts review this amount on the income statement when assessing the health of a company and whether to invest.  

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