Meaning of “comparable-store sales” in the English Dictionary


"comparable-store sales" in Business English

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comparable-store salesnoun [ plural ]

uk us also same-store sales, abbreviation comps

ACCOUNTING, FINANCE a measurement of how successful a company is that involves examining the value of sales in a store or stores in a particular period, compared to the value for the same period in a previous year:

Costco Wholesale Corp. said October comparable-store sales climbed as a weaker dollar boosted international revenue.

(Definition of “comparable-store sales” from the Cambridge Business English Dictionary © Cambridge University Press)