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 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

Time Traveler
The first known use of profit center was in 1955

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.

Last Updated: - Updated example sentences
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