- Same-Store Sales
- A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more.
This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of new stores. This analysis is important because, although new stores are good, a saturation pointâ€”where future sales growth is determined by same store sales growth - eventually occurs.
Same store sales are usually released by retail companies on a monthly basis. This is also known as "comps."
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Same-store sales — is a business term which refers to the revenue generated a retail chain s existing outlets over a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the… … Wikipedia
same-store sales — ➔ sale * * * same store sales UK US noun [plural] ACCOUNTING, COMMERCE ► COMPARABLE STORE SALES(Cf. ↑comparable store sales) … Financial and business terms
same-store sales — /ˌseɪm stɔ: seɪlz/ noun sales for the same stores over an earlier period ▪▪▪ ‘…it led the nation’s department stores over the crucial Christmas season with an 11.7% increase in same store sales’ [Fortune] ▪▪▪ ‘…its consistent double digit same… … Dictionary of banking and finance
same-store sales — [ sām stôr ˌsālz] n. Finance a figure used to determine what amount of sales growth is attributable to new store openings, based on sales made by stores that have been open more than one year … Useful english dictionary
same-store — UK US adjective [before noun] COMMERCE, ACCOUNTING ► used to compare sales at company s stores in one period with the same stores in a different period, not including stores that have opened or closed during the period: »On a same store basis,… … Financial and business terms
comparable-store sales — ˌcomparable ˈstore ˌsales ➔ sale * * * comparable store sales UK US noun [plural] (also same store sales, ABBREVIATION comps) ► ACCOUNTING, FINANCE a measurement of how successful a company is that involves examining the value of sales in a store … Financial and business terms
Comparable Store Sales — The amount of revenue a retail location generated in the most recent accounting period, relative to the amount of revenue it generated in a similar period in the past. Comparable store sales are most commonly used to compare the most recent year… … Investment dictionary
Chain Store Sales — An indicator that provides information on the monthly sales volumes from chain stores. Chain store sales, released on the first Thursday of the month, correspond to about 10% of retail sales, and are thought to be a good indicator of trends in… … Investment dictionary
Convenience store sales on a same-store basis — Объем продаж в круглосуточных магазинах Японии на базе одинакового числа магазинов Словарь терминов и сокращений рынка forex, Forex EuroClub … Финансовый словарь
store — ▪ I. store store 1 [stɔː ǁ stɔːr] noun [countable] COMMERCE 1. a large place that sells many different kinds of goods on several different floors, or goods in large quantities: • Most high street stores hold sales in January. • The firm has over… … Financial and business terms