Same store sales

Benzinga  Sep 5  Comment 
In a report issued Friday, Wedbush analysts Morry Brown and Taryn Kuida shared a recap of August retail sales, which came in mixed, but largely in line with expectations. “Labor Day shift more than offsets [the] early month tax holiday...
Benzinga  Sep 4  Comment 
Gap Inc (NYSE: GPS) shares are down 23 percent year-to-date, while L Brands Inc (NYSE: LB) shares have gained 4 percent during the same period. Cantor Fitzgerald's Laura Champine maintained Hold ratings for the companies, while revising their...  Sep 4  Comment 
NEW YORK (TheStreet) -- In 2010, Domino's Pizza introduced a new pizza recipe, and the stock hasn't looked back. Same-store sales soared and earnings went from $1.35 in 2010 to $2.90 by the end of 2014. Although the company continues to deliver...
MarketWatch  Sep 3  Comment 
Gap Inc.'s same-store sales for August 2015 were down 2%, matching the decrease for one year prior. Net sales for the four-week period ending August 29 were $1.2 billion, a 3% decrease from the $1.23 billion for the four-week period ended August...
Wall Street Journal  Sep 3  Comment 
Costco Wholesale said sales in stores open at least a year grew significantly during fiscal 2015, adding to a string of strong sales figures for the warehouse retailer.
Benzinga  Sep 2  Comment 
Shares of Planet Fitness Inc (NYSE: PLNT) jumped over 8 percent in after-hours trading after the company reported better-than-expected results for the second quarter. The Newington, New Hampshire-based company posted quarterly net income of...
MarketWatch  Aug 31  Comment 
The National Restaurant Association's Restaurant Performance Index (RPI) stood at 102.7 for July, up .7% from June, the first gain in three months. The RPI is a monthly composite that examines the health of the U.S. restaurant industry based on...
Wall Street Journal  Aug 28  Comment 
Big Lots Inc. said second-quarter adjusted profit rose as the deep discounter posted another same-store sales increase while controlling costs.
Wall Street Journal  Aug 27  Comment 
J.Crew Group Inc. reported Thursday that it swung to a loss in the latest quarter, as the retailer continues to struggle with declining popularity and lower same-store sales.
Benzinga  Aug 24  Comment 
Wedbush Maintains A Neutral Rating Latest Ratings for CMG Date Firm Action From To Aug 2015 Wedbush Reiterates Neutral Aug 2015 Maxim Group Initiates Coverage on Hold Jul 2015 BTIG Research Initiates Coverage...


Related Articles


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."

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki