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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Analysts had expected a same-store sales increase of 0.
And the same earnings report that helped boost the company's stock also showed same-store sales continue to decline.
At the company's Wal-Mart unit, same-store sales rose 10.
said last week that same-store sales will rise anywhere from 4.
Same-store sales, or sales at stores open at least one year, rose 3.
said same-store sales at department stores for the 52 weeks fell 1.
On a year-to-date basis, same-store sales decreased 1.
The Wal-Mart division made up for lagging sales at the Sam's Club warehouse unit with same-store sales up 4.
continued to be the pacesetter among the nation's retailers, with same-store sales rising 7.
Target (NYSE:TGT) reported that it still expects November same-store sales in a range of four percent to seven percent.
Following are recently reported same-store sales numbers from major home furnishing retailers:
Payless Shoesource: Payless Shoesource (NYSE:PSS) put the right foot forward today, saying same-store sales rose 5.