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Like-for-Like Sales

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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.


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The group - which sells everything for pounds 1 - said like-for-like sales had risen 3.
The company, which has suffered from last month's wet weather and trading comparisons with last summer's World Cup, said like-for-like sales excluding fuel grew by three per cent in the 23 weeks to July 15 - down from the four per cent reported in May.
 
 
 
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