What are 'Comparable Store Sales'

Comparable store sales refer to the amount of revenue a retail location generated in the most recent accounting period, relative to the amount of revenue it generated in a similar period in the past. Comparable store sales are most commonly used to compare the most recent year's holiday shopping season, to last year's, or to compare this week, month, quarter or year's sales to last week, month, quarter or year's sales.

BREAKING DOWN 'Comparable Store Sales'

By comparing sales across different periods, company management and investors can determine how well a retail store is doing. Comparable store sales not only provide a picture of how specific locations are performing, they can also tell a story about how a retailer is performing, on the whole.


Comparable store sales, or "comps," is just another term for same store sales.

RELATED TERMS
  1. Comps

    A buzzword that refers to a retail firm's comparable same-store ...
  2. Base Year

    The first of a series of years in an economic or financial index. ...
  3. Same-Store Sales

    A statistic used in retail industry analysis that compares the ...
  4. Chain Store Sales

    An indicator that provides information on the monthly sales volumes ...
  5. Quarterly Revenue Growth

    An increase of a company's sales when compared to a previous ...
  6. Gross Sales

    A measure of overall sales that isn't adjusted for customer discounts ...
Related Articles
  1. Investing

    5 Retailers Set to Close More Stores in 2016 (FINL, GPS)

    Discover retail stores that have already announced plans to close stores in 2016. Some expect a new economic downturn, which may lead more stores to close.
  2. Investing

    Behind U.S. Retailers' Negative Comparable Store Sales (WMT, M)

    Discover which trends may be driving negative comparable store sales for U.S. retailers, and why consumers may be better off paying down debts.
  3. Investing

    Key Financial Ratios For The Retail Industry

    The retail industry is measured on sales growth in existing store, forecasted based on foot traffic and ticket data, and the impact on profitability ratios.
  4. Insights

    What is the Retail Sales Report?

    The retail sales report is a measurement of the goods that retailers sell based on a sampling of different stores.
  5. Investing

    Do Store Closures Hurt Retail Stocks? (WMT,SHLD,M)

    These eight retailers are closing stores. How many have seen stock depreciation over the past year?
  6. Personal Finance

    Winning Retailers Amid Sales Slump

    Declining department store retail sales and the exceptions to the rule after the end of the Great Recession.
  7. Investing

    The World's Top 10 Retailers (WMT, COST)

    Read about some of the top retail companies in the world, and learn a little about the products they sell and the markets and customers they serve.
  8. Insights

    The Demise of the Department Store (SHLD, M, JCP)

    According to a new report, department stores need to cut down on their physical locations to maximize their sales per square foot.
  9. Investing

    Consumer Spending As A Market Indicator

    What people buy and where they shop can provide valuable information about the economy.
  10. Personal Finance

    Sneaky Strategies That Fuel Overspending

    Find out how to avoid six of the worst vender ploys this holiday shopping season.
RELATED FAQS
  1. How do investors interpret the same store sales ratio when analyzing retail stocks?

    Examine the importance of the same-store sales ratio as a key equity evaluation metric utilized by investors interested in ... Read Answer >>
  2. How do investors interpret the same store sales ratio when analyzing food and beverage ...

    Understand how to calculate the same-store sales ratio. Learn how investors interpret the same-store sales ratio when analyzing ... Read Answer >>
  3. What is the difference between revenue and sales?

    Learn to distinguish between a company's revenue and its sales, and see why the distinction is important when analyzing a ... Read Answer >>
  4. What components are factored in determining net sales?

    Understand the key components that factor into determining a company's net sales. Learn about the underlying drivers of those ... Read Answer >>
  5. What key conditions might explain a company's declining net sales in spite of increasing ...

    Explain why a company reports a decline in net sales even though it generates an increase in revenues during the same reporting ... Read Answer >>
  6. What can gross sales tell you about a business?

    Learn more about gross sales and net sales. Find out what the gross sales figure reveals about a business and how investors ... Read Answer >>
Hot Definitions
  1. IRS Publication 970

    A document published by the Internal Revenue Service (IRS) that provides information on tax benefits available to students ...
  2. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  3. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  4. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  5. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  6. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
Trading Center