Same Store Sales

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Same Store Sales

When a retail company owns several stores, the amount in sales made by stores that have been open for more than one year. It is calculated by subtracting the amount in sales made by new stores from the total sales in a given period. Same store sales are useful because they allow a company to have an indication how much demand for its products is growing in stores that currently exist. Increases in same store sales may be as useful to expansion as opening new stores as they do not carry the overhead associated with it. Same store sales are released on a monthly basis and are also known as comps.
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References in periodicals archive ?
Same store sales for the March/April period were up 4.
For the five weeks ended February 28, 2009, same store sales decreased 0.
Same store sales (sales from stores open more than one year) for the five weeks ended December 30, 2006 increased 8.
Same store sales (sales from stores open more than one year) for the four weeks ended November 25, 2006 increased 8.
Same store sales for the forty-three week period increased 8.
For the five weeks ended September 2, 2006, same store sales rose 3.
Same store sales for the thirty-four week period increased 7.
Beginning with the four weeks ended August 27, 2005, same store sales reflect the positive impact of the inclusion of approximately 1,100 stores acquired on July 31, 2004.
Same store sales for the twenty-one week period increased 7.
The Company estimates the Easter shift had a positive impact of approximately 680 basis points on front-end same store sales for the four-week period.
For the four weeks ended April 29, 2006, same store sales increased 4.