Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.
A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.
hhgregg's Change in Same Store Sales % for the quarter that ended in Jun. 2016 was -3.90%
, which is higher than
0.00% for the pervious quarter ended in . 20.
The historical rank and industry rank for hhgregg's Change in Same Store Sales % or its related term are showing as below:
HGGG's Change in Same Store Sales % is not ranked *
in the Retail - Cyclical industry.
Industry Median: * Ranked among companies with meaningful Change in Same Store Sales % only.
hhgregg Change in Same Store Sales % Historical Data
The historical data trend for hhgregg's Change in Same Store Sales % 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.
Competitive Comparison of hhgregg's Change in Same Store Sales %
For the Specialty Retail subindustry, hhgregg's Change in Same Store Sales %, along with its competitors' market caps and Change in Same Store Sales % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
hhgregg (OTCPK:HGGG) Change in Same Store Sales % Explanation
Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.
A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.
Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.
hhgregg Change in Same Store Sales % Related Terms
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hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.
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