Which of the following is NOT typically included in financial statements?

Financial statements primarily include key indicators and metrics that detail a company's financial performance and position. These typically encompass net income, operating expenses, and gross profit margin.

Gross profit margin provides insight into how efficiently a company produces its goods and services by showing the relationship between sales revenue and cost of goods sold. Net income reflects the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, while operating expenses detail the costs associated with running the business that are not directly tied to production.

On the other hand, an investment outlook is more subjective and is often derived from analysis rather than a factual representation of a company's financial condition. It involves interpreting market conditions, trends, and other factors that may affect the future performance of investments, which is not found in the core financial statements such as the income statement, balance sheet, or cash flow statement. Hence, the investment outlook is typically not included as it doesn’t reflect the actual financial health or operational results of a company.