Sales Growth


Also found in: Acronyms.

Sales Growth

The amount a company derives from sales compared to a previous, corresponding period of time in which the latter sales exceed the former. For example, a company has experienced sales growth when its sales were $1 million in Q1 2009 and are $1.2 million in Q1 2010. Sales growth is considered positive for a company's survival and profitability. It may result in increased dividends for shareholders and/or higher stock prices.
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The mixer producer posted overall sales growth of 13% to PS117.3m in the first six months of its financial year, though UK sales growth slowed to just 5% (to PS60.7m) compared with growth of 73% in the same period in 2018.
Unilever saw underlying sales growth in all three of its main operating units: Beauty & Personal Care, Home Care and Foods & Refreshment.
Sales growth at Primark and ABF's ingredients business helped to offset a decline in the performance of its large sugar arm.
** Specialty Care sales growth of 17.6% (1), with continued strong momentum across all major products and geographies
Total UK sales were also under pressure, down 0.4% as it was hit by its decision to close non-food arm Tesco Direct last July - a move which impacted sales growth by 0.8%.
"We delivered against our plans for both sales growth and profit realization and are excited about our momentum," Kurzius said.
According to the company, the growth was largely driven by the growth of the SPIRA and ENZA, its proprietary technology platforms, which yielded year-over-year sales growth of 271% and the addition of over 60 new surgeon users.
We continue to make consistent steady progress is our sales growth objectives, commented Scott Mahoney, Chief Financial Officer of MagneGas.
Same-store sales growth pertains to restaurants that have been open for at least 15 months, excluding sales growth from new store opening to allow better comparison.
Same-store sales growth pertains to restaurants that were already open for at least 15 months.
Average sales growth for the responding companies has been positive for the past three quarters and is projected to exceed last year's growth rates in the March quarter.
Fourth quarter organic sales growth was 9.4%, compared to 10.1% in the year-ago period.