Comparable sales
Sales at stores or restaurants that were open a year ago, compared with the same period last year. It leaves out growth from opening new locations.
Also called: comparable restaurant sales, same-store sales
In the news
How “comparable sales” came up in recent issues.
- Oct 30Prices are up 3.6% in a year. Gas costs about $1.20 more
“Revenue rose 9.6% to about $3.3 billion, and comparable sales rose 2.1%.”
Related words
- Federal Reserve
- The U.S. central bank, often called the Fed. It raises or lowers a key interest rate to keep prices stable and jobs plentiful.
- Inflation
- When prices rise across the economy, so each dollar buys a little less.
- Purchasing power
- How much a dollar can buy. Inflation lowers it.
- Revenue
- All the money a company brings in from sales, before any costs are taken out.
- Stock
- A small slice of ownership in a company. One unit is called a share.
Test yourself in Word sprint · All money words
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