AnswerNote:
Same Store Sales
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Same Store Sales
A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more.
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Same Store Sales
Describes the percentage change of a store chain's revenues over time.
Screening ...
Same Store Sales: sales at retail stores or restaurants open at least one year. A chain's same store sales growth excludes gains due to increases in the number of stores. Same store sales growth in the 5 percent to 10 percent range is considered good.
Same store sales: Sales growth at comparable stores is remarkable -- last quarter the figure was a whopping 29%.
Note: As mentioned in the first post in this series Introduction to Insider Weekends, certain industries have their preferred metrics such as same store sales for retailers, ...
For example, same store sales of many retailers is considered important as an indication that the firm is deriving greater profits from existing stores (rather than showing improved performance by continually opening new stores).
 See also: Sales, Market, Investment, Analyst, Sector
  
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