Investment Terms

Investment Terms For The Day - Comparable Store Sales


Listen Later

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.

Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
...more
View all episodesView all episodes
Download on the App Store

Investment TermsBy Africa Business Radio