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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92 billion, up 8% from last year, with same-store sales climbing 7.
The company said it expects same-store sales in June to range from unchanged to up 2 percent.
The world's largest retailer, coming off a string of disappointing monthly same-store sales numbers, said same-store sales rose 1.
Gap's same-store sales have now fallen in seven consecutive quarters, with the latest three-month period marking the biggest erosion so far.
was the success story for the month, recovering from two consecutive months of same-store sales declines to lead the sector in August with an 11 percent same-store sales gain.
8% same-store sales gain posted in September and the 2.
For the fiscal year 2006, Dillard's same-store sales were up 2 percent, according to the International Council of Shopping Centers.
The retailer had originally forecast same-store sales growth in the range of 3 percent to 5 percent.
The company's estimated same-store sales decline follows a strong March, in which the company reported a same-store sales increase of 3.
Wal-Mart said Sam's Club same-store sales without gasoline sales would have risen 4.
In the end Wal-Mart reported a same-store sales gain of 3% for December.
s same-store sales rose 30 percent, which offset HFN's Comp-Sales Average.