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North America comparable store sales tanked 6%. International sales plunged 9%, and Chinese comparable sales cratered 14%. Non-GAAP operating profit margins fell 380 basis points from the prior ...
Same-store sales are also known as comparable store sales, identical store sales or like-store sales. Same-store sales are widely reported by publicly owned retail chains as a key element of their operational results. For chains that are growing quickly by opening new outlets, same-store sales figures allow analysts to differentiate between ...
However, there is a significant choice of alternative methods of calculation, which makes it difficult to compare figures quoted by different retailers. [1] The portion of current sales achieved through activities that are comparable to the activities of the previous year. Investopedia explains Like-For-Like Sales.
North American performance saw a 4% decline in comparable sales due to reduced transactions, offset by higher average spending per visit. Gross U.S. revenue dipped 1% to $7.1 billion, with ...
When Starbucks issued its guidance for the fiscal year 2022 in its fourth-quarter 2021 earnings report, it said it expected to see global comparable store sales growth increase in the high single ...
Overall revenue declined by 1% to $9.1 billion, with global comparable-store sales falling by 3%. Starbucks opened 526 net new stores in the period, ending the quarter with 39,477 locations.
A valuation multiple [1] is simply an expression of market value of an asset relative to a key statistic that is assumed to relate to that value. To be useful, that statistic – whether earnings, cash flow or some other measure – must bear a logical relationship to the market value observed; to be seen, in fact, as the driver of that market value.
Consolidated net revenues increased 1% to $36.2 billion in fiscal year 2024, driven by 7% net new company-operated store growth, offset by a 2% decline in comparable store sales.