Like-for-Like Sales

(redirected from Like-for-Like Sale)

Like-for-Like Sales

The comparison of a company's sales over a given period of time to the sales from a different period of time that resulted from the same or similar activities. For example, if a company has $3 million in sales in 2009 from its flagship store, this is compared to its sales from the same flagship store in 2008 and not to any of its satellite stores. Comparing like-for-like sales ignores the effects of expansion or other changes in activities that could distort comparisons from year to year.
References in periodicals archive ?
In the previous quarter, Sainsbury's saw its like-for-like sales fall 3.
Mid-market retailers reported a year-onyear like-for-like sales drop of 2.
The group - which sells everything for pounds 1 - said like-for-like sales had risen 3.
A weak UK consumer environment is to blame for a post-Christmas fall in like-for-like sales, music chain HMV has claimed.
Against good performances the previous year, like-for-like sales at HMV UK and Ireland were down 3.
Like-for-like sales advances are likely to be anaemic for both, considering the 0.
9bn annual revenue last year - Evolution broker Dave McCarthy said like-for-like sales should be 1.
Like-for-like sales, excluding fuel, rose 3% year-on-year in the 23 weeks to 15 July.
Analysts said its performance was broadly in line with expectations and that everyone had seen 1% wiped off their like-for-like sales by the bad weather.
But like-for-like sales at the M&S franchise rose 7.
which is expecting it to achieve like-for-like sales growth in its second quarter.
Big Food Group remained upbeat about prospects based on encouraging like-for-like sales growth at reformatted Iceland stores and the long-term plan to develop Booker's delivered service.