Same store sales

RECENT NEWS
Channel News Asia  11 hrs ago  Comment 
Gap Inc reported a surprise rise in quarterly same-store sales on Thursday, the latest indication that the apparel retailer is gaining from its turnaround plan.
MarketWatch  May 18  Comment 
Ann Taylor parent Ascena Retail Group Inc. sees no hope for its same-store sales in the near-term, and investors are responding by shedding the company’s stock in droves.
Channel News Asia  May 18  Comment 
Wal-Mart Stores Inc reported higher-than-expected quarterly comparable sales on Thursday, helped by greater traffic at Wal-Mart and Sam's Club stores and a rise in online sales.
Benzinga  May 17  Comment 
Reviewing the first-quarter results of Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), Stephens said the quarter was solid and that the earnings guidance was beatable. Analyst Will Slabaugh noted that Red Robin Gourmet reported...
Motley Fool  May 16  Comment 
The market might have shrugged it off, but there is more disappointment coming in the future.
DailyFinance  May 16  Comment 
Filed under: Finance, Business, Companies Dick's Sporting Goods' stock is down 12% at $42.10 a share after the company reported same-store sales that were less than analyst estimates. STOCK PRICE FOR DKS Full price information Read...
Reuters  May 16  Comment 
Home Depot Inc's first-quarter profit and same-store sales topped estimates as customers spent more on expensive items such as appliances and flooring and roofing materials.
Clusterstock  May 15  Comment 
JCPenney stock plummeted nearly 8% Monday morning after a UBS note sent out to clients noted the company has a "tough path forward." The report comes on the heels of JCPenney's lackluster first quarter earnings report released Friday...
Clusterstock  May 13  Comment 
The chain restaurant industry hasn't experienced same-store sales growth in more than a year — and it doesn't look like things are going to change any time soon.  In the first quarter of 2017, same-store sales fell 1.1% across the chain...
MarketWatch  May 12  Comment 
Analysts have some ideas about what caused Nordstrom Rack to report a first-quarter same-store sales decline of 0.9%.




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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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