FirstCash Holdings (STU:FF60) Average Sales per Sqft : 0.00 (As of . 20)

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What is FirstCash Holdings Average Sales per Sqft?

Average Sales per Sqft is a retail store’s average revenue for every foot of the store. A higher average sales per square foot indicates more efficient operations and thus, high profitability.

The historical rank and industry rank for FirstCash Holdings's Average Sales per Sqft or its related term are showing as below:

STU:FF60's Average Sales per Sqft is not ranked ^*
in the Credit Services industry.
Industry Median:
* Ranked among companies with meaningful Average Sales per Sqft only.

FirstCash Holdings Average Sales per Sqft Historical Data

The historical data trend for FirstCash Holdings's Average Sales per Sqft can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FirstCash Holdings Average Sales per Sqft Chart

FirstCash Holdings (STU:FF60) Average Sales per Sqft Explanation

Average Sales per Sqft is a retail store’s average revenue for every foot of store space, including non-selling areas such as stock rooms or receiving areas. It tells us how efficient the retailer is with the use of sales space, allowing the retailer to make smarter merchandising, inventory, and sales decisions. A higher sales per square foot indicates more efficient operations and thus high profitability.

The formula of calculating Sales per Sqft is total in-store sales divided by selling area in square feet. When calculating a store’s Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be excluded.

The difference between Average Sales per Sqft and Sales per Sqft that in the calculation of Average Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be included.

Retailers can increase the average sales per square foot by improving the store layout, having a winning product assortment, optimizing prices and increasing per transaction value.

FirstCash Holdings Average Sales per Sqft Related Terms

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FirstCash Holdings (STU:FF60) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FirstCash Holdings Inc (STU:FF60) » Definitions » Average Sales per Sqft

Comparable Companies

Traded in Other Exchanges

FCFS:USA

Address

1600 West 7th Street, Fort Worth, TX, USA, 76102

Website

https://www.firstcash.com

FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores. Revenue is split almost equally between loans made in the United States, where the company has more than 300 retail locations, and loans made in Latin America, where the company has over 700 locations in Mexico and several more in Guatemala.

FirstCash Holdings (STU:FF60) Headlines

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