same-store sales

Definition

In retail, sales to stores which have been open for more than one year. This enables investors to determine what component of the overall sales growth was due to the opening of new stores.

Use same-store sales in a sentence

We had a lot of same-store sales and the reason we could was because we had been open for well over two years.

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The same-store sales realized by the national chain of electronic retail supply items were due to the increased marketing budget.

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When he was calculating the growth of his boot manufacturing business, he was taking into account the skyrocketing of same-store sales into the equation so that he could have an accurate view.

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