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English definition of “comparable-store sales”

comparable-store sales

noun [plural]
 
 
( 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)
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