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Bookmark or Share- Same-Store Sales: Definition, Formula and ExampleSame-Store Sales: Definition, Formula and Example. Same-store sales, also known as comparable-store sales or “comps,” is a key performance indicator (KPI) that measures the revenue growth of a retail company’s existing stores over a specified period. March 20, 2024.
- Same-store sales - WikipediaSame-store sales is a business term that refers to the difference in revenue generated by a retail chain's existing outlets over a certain period (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year.
- What Is Same-Store Sales? | The Motley FoolSame-store sales is a metric used by retail companies that measures the growth in revenue from store locations that have been in operation for at least one...
- Same-Store Sales - Definition, Importance, FormulaWritten by CFI Team. What is Same-Store Sales? Same-store sales, also known as comparable-store sales, is a financial metric commonly used by companies in the retail industry to evaluate the performance of existing stores. Importance of Same-Store Sales. To understand why the same-store sales metric is disclosed, consider the following example:
- Same-Store Sales - Definition, Formula, How To InterpretSame-store sales are a form of benchmarking how each store under a brand name is performing on the basis of sales revenues. This metric can be interpreted to understand new promotional strategies for marketing and driving more foot traffic to increase sales.
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