Comparable store sales refer to the revenue generated by a retail location in the most recent accounting period relative to the revenue it generated in a similar period in the past.
Investors and analysts reviewing a retail company’s financial statements rely on comparable store sales to provide a picture of how established stores have performed over time relative to the performance of new stores.
Comparable store sales is a measure of sales growth and revenue from a company’s store operations.
Comparable store sales are most commonly used to compare the most recent year's holiday shopping season to the previous year's.
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