Comparable Sales Growth

RECENT NEWS
Reuters  Jul 26  Comment 
McDonald's Corp reported much lower-than-expected quarterly sales growth at established restaurants in the United States and the fast-food chain said it faced "a challenging environment in several key markets."
newratings.com  Jan 26  Comment 
AMSTERDAM (dpa-AFX) - Koninklijke Philips Electronics NV (PHGFF.PK, PHG) reported a loss for the fourth-quarter 2015, compared to net income in the previous year. The latest-quarter result was impacted by pension de-risking settlement costs, and...
newratings.com  Oct 26  Comment 
AMSTERDAM (dpa-AFX) - Koninklijke Philips Electronics NV (PHGFF.PK, PHG) reported Monday a profit for the third quarter, compared to loss last year, benefited by improved sales and the absence of certain charges recorded in the prior year. Looking...
Yahoo  Mar 12  Comment 
New York City-based Shake Shack, which began as a hotdog cart in the city's Madison Square Park, reported same-restaurant sales rose 7.2 percent in the fourth quarter, beating the average analyst estimate of 4 percent, according to research firm...
Yahoo  Mar 11  Comment 
New York City-based Shake Shack began as a hotdog cart in New York's Madison Square Park and amassed a near cult following for its rich milkshakes, crinkle fries and hormone- and antibiotic-free burgers. The company's shares debuted on the New...




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This is a comparison of sales for stores that have been open for business for at least 12 months, expressed as a percentage.

Comparable store sales growth is often called "comp store sales", "comps" and "same store sales". Comparable store sales growth signals the productivity in sales of a preexisting store or restaurant compared to the previous year.

This metric is used to determine what amount of new sales comes from actual sales growth or merely comes from new store openings. If comparable store sales growth is stagnant, but overall revenue growth is increasing for example, the revenue growth can be attributed to new store openings instead of actual store productivity.

Furthermore, declining same store sales growth may merely be a function of dropping sales company-wide, but may also mean that the company's new stores are cannibalizing sales from its preexisting locations.

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