profit center
noun
: a part of a corporation or its product line that is an important source of profits
Examples of profit center in a Sentence
Recent Examples on the Web
Even better, retailers can also turn return pickup into a profit center as many customers are willing to pay for it.
—
Ben Freedman, Forbes, 22 Apr. 2022
The union says that 6,800 members walked out Monday morning and shut down the Sterling Heights, Mich., Assembly Plant, a huge profit center for the company.
—John Magsam, Arkansas Online, 24 Oct. 2023
Getting rid of matrix management In its deck, Trian strongly emphasized how Peltz had successfully prodded P&G to shift from a highly centralized structure to one based on individual profit centers.
—Shawn Tully, Fortune, 24 Feb. 2023
Perhaps no challenge will be bigger than navigating the escape from the traditional pay-TV bundle, a system that drove CNN and its competitors to become profit centers for their respective companies, but which is now inexorably in decline.
—Alex Weprin, The Hollywood Reporter, 1 Sep. 2023
Justin Sullivan/Getty Images AT&T’s wireless profit center kept growing in the second quarter, prompting executives to back an upbeat estimate of earnings through the end of the year.
—Drew Fitzgerald, WSJ, 26 July 2023
Rising mortgage rates have crushed mortgage refinancing activity, traditionally a major profit center for Rocket Mortgage, formerly known as Quicken Loans and the nation's top mortgage lender by volume.
—Jc Reindl, Detroit Free Press, 3 Nov. 2022
As a finance leader the top-of-mind items for me are managing cash flows effectively, and identifying and growing profit centers within the business.
—Jon Stojan, USA TODAY, 22 June 2023
Wall Street’s verdict on WB Discovery’s plans is still not in, but the immediate reaction of investors indicates that the company still has a long road ahead in sorting out its profit centers in the age of streaming.
—Cynthia Littleton, Variety, 12 Apr. 2023
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Ben Freedman, Forbes, 22 Apr. 2022
The union says that 6,800 members walked out Monday morning and shut down the Sterling Heights, Mich., Assembly Plant, a huge profit center for the company.
—John Magsam, Arkansas Online, 24 Oct. 2023
Getting rid of matrix management In its deck, Trian strongly emphasized how Peltz had successfully prodded P&G to shift from a highly centralized structure to one based on individual profit centers.
—Shawn Tully, Fortune, 24 Feb. 2023
Perhaps no challenge will be bigger than navigating the escape from the traditional pay-TV bundle, a system that drove CNN and its competitors to become profit centers for their respective companies, but which is now inexorably in decline.
—Alex Weprin, The Hollywood Reporter, 1 Sep. 2023
Justin Sullivan/Getty Images AT&T’s wireless profit center kept growing in the second quarter, prompting executives to back an upbeat estimate of earnings through the end of the year.
—Drew Fitzgerald, WSJ, 26 July 2023
Rising mortgage rates have crushed mortgage refinancing activity, traditionally a major profit center for Rocket Mortgage, formerly known as Quicken Loans and the nation's top mortgage lender by volume.
—Jc Reindl, Detroit Free Press, 3 Nov. 2022
As a finance leader the top-of-mind items for me are managing cash flows effectively, and identifying and growing profit centers within the business.
—Jon Stojan, USA TODAY, 22 June 2023
Wall Street’s verdict on WB Discovery’s plans is still not in, but the immediate reaction of investors indicates that the company still has a long road ahead in sorting out its profit centers in the age of streaming.
—Cynthia Littleton, Variety, 12 Apr. 2023
See More
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'profit center.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1955, in the meaning defined above
Dictionary Entries Near profit center
Cite this Entry
“Profit center.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/profit%20center. Accessed 9 Dec. 2023.
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