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Same Store Sales
(redirected from Same-store sales)

   Also found in: Acronyms, Wikipedia 0.01 sec.
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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Same-store sales increased 3% for this fiscal monthly period, and include same-store sales for Maurices, which was acquired January 2005, in both years.
For the nine weeks of the company's new fiscal year, same-store sales are off 1 percent at $1.
of Little Rock reported a 3 percent drop in same-store sales for July from the same month last year.
 
 
 
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