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.

References in periodicals archive ?

In the previous quarter, Sainsbury's saw its like-for-like sales fall 3.

Drop in sales expected as King ends stores reign

Mid-market retailers reported a year-onyear like-for-like sales drop of 2.

High Street 'sales hit by rioting'

The group - which sells everything for pounds 1 - said like-for-like sales had risen 3.

In for a pound; ECONOMIC CASUALTIES SHOPPING

A weak UK consumer environment is to blame for a post-Christmas fall in like-for-like sales, music chain HMV has claimed.

Against good performances the previous year, like-for-like sales at HMV UK and Ireland were down 3.

Weak market hits HMV

Like-for-like sales advances are likely to be anaemic for both, considering the 0.

9bn annual revenue last year - Evolution broker Dave McCarthy said like-for-like sales should be 1.

Major food stores could be heading for 'perfect storm'

Like-for-like sales, excluding fuel, rose 3% year-on-year in the 23 weeks to 15 July.

Analysts said its performance was broadly in line with expectations and that everyone had seen 1% wiped off their like-for-like sales by the bad weather.

Under Marc we'll pick up, says Sir Ken

But like-for-like sales at the M&S franchise rose 7.

M&S's Jersey success spurs growth for CI

which is expecting it to achieve like-for-like sales growth in its second quarter.

BFG heads for new sales lift

Big Food Group remained upbeat about prospects based on encouraging like-for-like sales growth at reformatted Iceland stores and the long-term plan to develop Booker's delivered service.

City in optimistic mood despite slide at Iceland; like-for-likes down at Iceland; City doubts over Safeway sustaining growth; strong performance by Marks and Spencer. (Results)