Comparable Store Sales

RECENT NEWS
Channel News Asia  May 24  Comment 
Tiffany & Co reported a surprise drop in quarterly comparable sales due to lower spending by tourists and domestic customers in the Americas.
newratings.com  Mar 20  Comment 
WASHINGTON (dpa-AFX) - Jamba, Inc. (JMBA) announced, for the fourth quarter of 2016, company-owned comparable store sales decreased 2.5%, Franchise comparable store sales decreased 2.2%, and System-wide comparable store sales decreased 2.2%....
Reuters  Nov 15  Comment 
TJX Cos Inc , operator of off-price retailers T.J. Maxx and HomeGoods, reported better-than-expected quarterly comparable store sales as its discounted offerings continue to attract shoppers.
newratings.com  Sep 8  Comment 
WASHINGTON (dpa-AFX) - Barnes & Noble, Inc. (BKS) announced, given the softer than expected sales results to date, and the expected continuation of the challenging retail environment, the company now expects fiscal 2017 comparable store sales to...
Yahoo  Aug 10  Comment 
Michael Kors Holdings Ltd reported a bigger-than-expected drop in quarterly comparable store sales, hurt by lower mall traffic and reduced tourist spending.
Benzinga  Jul 8  Comment 
Haverty Furniture Companies, Inc. (NYSE: HVT) disclosed that its comparable store sales for the second quarter witnessed a growth of 3.8 percent. The company indicated it didn't include locations closed or opened in the non-comparable 12-month...
newratings.com  Jan 7  Comment 
WASHINGTON (dpa-AFX) - J. C. Penney Company Inc. (JCP) reported that its comparable store sales for the combined nine-week November and December period resulted in a 3.9 percent increase over the same period last year, which equates to a 7.6...
newratings.com  Nov 2  Comment 
WASHINGTON (dpa-AFX) - L Brands Inc. (LB) Monday reported estimated October comparable store sales and raised guidance for third quarter earnings. For October, comparable store sales are expected to be up 5%, including an expected 5% comp at...
Benzinga  Apr 14  Comment 
J C Penney Company Inc (NYSE: JCP) filed its 8K with the SEC Tuesday. The stock spiked up 4 percent following a disclosure on comparable store sales. The filing clarified that on Monday “a senior official of the Company inadvertently sent an...




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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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