Year over Year

(redirected from Year-to-Year Comparisons)

Year over Year

The measure of performance in one year compared to a different year, especially the most recent one. This is done so that growth or decline might be measured without having to account for seasonal variance. For example, one might compare sales in 2009 to those in 2008. If a company sold 1 million widgets in 2008 and 1.25 million in 2009, this indicates 25% growth in sales, and is a positive sign for investors.
References in periodicals archive ?
In the business community when there is a change in the way data is accounted for or analyzed, the only honest way to present year-to-year comparisons is to revise the data for the prior year to the new structure.
Nevertheless, the numbers are valid for year-to-year comparisons.
It did not provide year-to-year comparisons because it is the first time the company has reported quarterly earnings results.
The early result will be difficult year-to-year comparisons.
Culp III, chief executive of Culp, commented: "We had earlier indicated that the year-to-year comparisons in both the first and second fiscal quarters would be challenging.
Thus, October is the first period in which year-to-year comparisons of performance can be measured.
It also can mislead, particularly when it's used to make firm-to-firm, interoffice or year-to-year comparisons.
The series is achieving spectacular results in all major year-to-year comparisons," said Dick Perin, President of MG/Perin, Inc.
The approximately 40 people taking part in the count in the valley would then get together to tally the numbers and enter them into a national database that allows for year-to-year comparisons.
The report offers details on all transactions reported from January to August 7, 2003, with six-month year-to-year comparisons.
The numbers overestimate what we actually swallow, but they're valid for year-to-year comparisons.
Birnbach, chairman of the board and president, indicated that the company continues to experience favorable year-to-year comparisons on incoming orders and is very encouraged by early results at the High Point furniture market currently in progress.