Same store sales

RECENT NEWS  Jul 17  Comment 
NEW YORK (TheStreet) -- Domino's Pizza stock is down 2.27% to $112.95 in early trading on Friday morning, after the stock was downgraded to "sector weight" from "overweight" at KeyBanc Capital Markets.The firm based its rating change on a...
Benzinga  Jul 16  Comment 
Domino's Pizza, Inc. (NYSE: DPZ) reported stronger-than-expected earnings for the second quarter on Thursday. The Ann Arbor, Michigan-based company reported quarterly net income of $45.9 million, or $0.81 per share, up from $38.5 million, or...  Jul 16  Comment 
BEIJING (dpa-AFX) - Chinese sportswear brand company China Dongxiang Group Co. Ltd., (CDGXF) reported a 21.5 percent year-on-year growth in the Kappa brand's same-store sales in China for the second quarter of 2015. The company ended the...  Jul 14  Comment 
Updated to include comments from Yum! Brands spokesman Jonathan Blum. NEW YORK ( TheStreet) -- Investors were expecting a lot from Yum! Brands  second quarter results, and at least initially, their appetite may not have been satisfied. The...
Forbes  Jul 14  Comment 
It's been one year since a TV report showed KFC's Chinese meat provider reusing meat that had fallen to the factory floor, and despite repenting for the lapse in food safety, KFC's parent company is still suffering from the mishap. Yum! Brands...  Jul 10  Comment 
NEW YORK (TheStreet) -- L Brands had its price target dropped to $84 from $85 by analysts at Cantor Fitzgerald who maintained their "hold" rating. This action comes as the specialty retail company yesterday reported its sales results for...  Jul 9  Comment 
NEW YORK (TheStreet) -- Costco Wholesale said same-store sales in June fell 1%, as international same-store sales led the overall drop. While U.S. same-store sales increased by 3% from the same period last year, international same-store sales...  Jul 9  Comment  Jul 7  Comment 
NEW YORK (TheStreet) -- Wingstop stock is up 0.65% to $27.88 in pre-market trading as coverage was initiated at Barclays with an "equal weight" rating and a price target of $25. The company operates and franchises about 745 restaurants...  Jul 6  Comment 
NEW YORK (TheStreet) -- Rite Aid stock is advancing 0.04% to $8.40 in Monday's morning trading session after the company announced strong sales results for June.  Same store sales rose 2.4% in June over the same period last year, as growth...  Jul 2  Comment 
NEW YORK (TheStreet) -- Rite Aid same store sales rose 2.4% in June over the same period last year. The growth was led by the pharmacy section. At comparable locations, pharmacy same store sales, which included a negative impact of 2.26...


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Same store sales are sales revenues of retail stores that have been open for a year or more. Most retail companies report this metric monthly. Same store sales is also called “comps.”

New sales come from two sources:

  1. Sales growth
  2. Opening new stores

The monthly same store sales number reveals what portion of new sales comes from sales growth in existing stores and excludes sales from opening new stores.

Analysts and investors prefer rising same store sales each month as this indicates that compared to the prior month

  1. Store traffic is increasing and/or
  2. Shoppers are willing to pay more for products

These two factors increase sales revenues without opening new stores, which is often a more capital-intensive way of growing.

A typical same-store-sales headline you might read is, "Target slashed its forecast for September same store sales citing weaker-than-expected traffic, prompting some investors to sell shares and analysts to reduce forecasts for the discount retailer."

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