Retail giant Wal - Mart Stores, Inc. (WMT) was up after posting its 11th consecutive quarter
of same store sales growth.
«With 32 consecutive quarters
of same store sales growth and 14 percent average annual unit volume growth for the last eight years, Buffalo Wings & Rings continues to be player in the casual dining segment.
Essentially, the company had to become the next Chipotle despite not stacking up to the fast casual Mexican chain in terms
of same store sales growth, increase in store count, or ROIC.
Not exact matches
Johnson: Well, you know,
same -
store sales, a big part
of what's powering it is this digital fly wheel.
The retailer's shares tanked 19 % to $ 28.37 — their lowest level since 2010 — after it reported that
same -
store sales, or revenue
of stores open at least 14 months, rose a mere 0.1 % in the second quarter, well below its own forecasts for a rise
of 2 % to 3 %, and short
of Wall Street projections for a 1.4 % gain.
Previously,
same -
store sales growth represented the estimated percentage change in
sales of all restaurants in the Company system that have been open for one year or more, and the base
stores changed on a rolling basis from month to month.
RBC Capital Markets analyst Howard Tubin noted Monday that the guidance would lead to the first negative
same -
store sales for the company since the second quarter
of 2009 if it plays out.
Prior period results have been recast for the change
of fiscal quarter,
same -
store sales growth definition and adoption
of new revenue accounting standard.
This is on top
of a terrible 2014, in which
same store sales dropped 8.3 %, revenue fell nearly 14 %, and 2,000 jobs were cut.
«I think on the department
store side, Nordstorm and Kohl's are interesting... You've seen improvements at Kohl's, you've seen improvements in the
same -
store sales, you've seen brands go in their portfolio and now they're taking a look at their
store base to optimize and remodel some
of their existing
stores.»
Our
same -
store sales growth is generally attributable to several key factors, including: new product introductions; improvements in restaurant speed
of service and other operational efficiencies; hospitality initiatives; frequency
of guest visits; expansion into, and enhancement
of, broader menu offerings; promotional activities and pricing.
On a full - year basis, 2013
same -
store sales growth
of 1.1 % in the Canadian segment was below our original target range
of 2 % to 4 %; we believe this was due to ongoing challenging economic conditions and increased competitive intensity in our industry.
Pizza Hut, which is owned along with KFC and Taco Bell by Yum Brands, has suffered eight straight quarters
of same -
store sales declines.
In January, Starbucks reported disappointing first - quarter
same -
store sales growth
of 2 percent compared to the 3 percent Wall Street consensus.
Meanwhile, it's clear that other chains are winning: In the third quarter
of 2014, while McDonald's
same -
store sales were falling about 3 %, those at Chipotle Mexican Grill, the big cheese
of the burrito world, were soaring 20 %.
The chain is expected to report its fourth consecutive year
of same -
store sales growth in early February.
During the second quarter, Nordstrom posted
same -
store sales growth
of 1.7 percent, easily outpacing Street expectations.
Same -
store sales: an increase
of 1.7 percent, compared to a forecast drop
of 0.4 percent for full - line and Rack
stores, according to Thomson Reuters.
During the latest quarter, global
same -
store sales of the Coach brand rose 3 percent, while Kate Spade's total
same -
store sales dropped 7 percent.
However, growth in China was robust, with
same -
store sales rising 6 percent on the back
of a 6 percent increase in transactions.
On Thursday, the coffee chain confirmed that investors can expect annual global
same -
store sales of between 3 and 5 percent growth.
Same -
store sales in Europe, the Middle East and Africa also fell short
of expectations, down 1 percent in the quarter.
Most concerning is the 4.1 % decline in
same -
store sales in the U.S. Higher prices and more intense competition are hurting the chain, not to mention that sense
of shame and self - loathing many consumers experience at McDonald's.
Only 30 %
of restaurant operators reported
same -
store sales increases in the last year, and just one in three expect
sales to grow in the next six months.
While
same -
store sales in all
of Starbucks» regions were weaker than expected, growth in China was robust.
Same -
store sales came up short in all
of the company's regions, Starbucks said late Thursday.
For its fiscal 2016,
same -
store sales from CVS» front -
of -
store business were down 1.5 percent, while pharmacy
sales were up 3.2 percent.
Wingo's company came up with a metric called
same store sales (SSS), which is commonly used to track the success
of third - party
sales on Amazon's platform, and he watches the company pretty closely.
Most notably, its
same -
store sales have been dwindling by 1 % to 2 % for several quarters, though the rate
of decline has slowed and the fast - food market is improving.
Cabela's has struggled with declining
sales of apparel and footwear and has reported
same -
store sales growth in only one quarter in more than three years.
Burger King's
same -
store sales in the U.S. and Canada surged by a better - than - expected 3.6 percent during the third quarter, marking the best quarter
of growth since 2012, while global
same -
store sales rose 2.4 percent.
Even though Costco's earnings report beat Wall Street's profit and
same -
store sales estimates, Cramer warned investors not to buy this particular dip because
of its Amazon ties.
Dollar Tree beat on the top and bottom lines, raised its full - year guidance and saw accelerating
same -
store sales growth
of 2.4 percent.
In November, the company, which also owns the 38 -
store Bloomingdale's chain, posted its 11th consecutive quarter
of declines in comparable or «
same -
store»
sales, a metric that strips out results from recently opened or closed
stores.
Dollar Tree reported its earnings on the
same day, also delivering weaker - than - expected
same -
store sales growth
of 1.2 percent when the Street expected 2.3 percent.
On a conference call with analysts, Buffalo Wild Wings executives were asked what went wrong for the chain, which has now reported two straight quarters
of same -
store sales weaknesses.
Same -
store sales were down 0.5 % in the United States in the first quarter
of 2013, compared with 0.3 % in Canada.
Franchise drive - ins saw a decrease
of 1.8 percent, while company drive - ins saw a decrease
of 3 percent in
same -
store sales.
Pesos now account for between 5 to 10 percent
of sales, and
same -
store sales are accelerating, up 34.5 percent year over year for the first 10 weeks
of 2007 — versus 30 percent for the quarter before the promotion.
«For the remainder
of 2014 we will focus on our multi-layered growth strategy, which incorporates
same -
store sales growth, leverage from higher
sales, deployment
of free cash flow, increasing royalty revenues and new drive - in development to build shareholder value,» Sonic CEO Cliff Hudson said in a statement.
But McDonald's performance in the recession was even more remarkable:
sales growth in 2008 surpassed the previous two years; the fast - food giant opened nearly 600
stores; and
same -
store -
sales have increased in each
of 2009's first seven months.
But consumers might be getting tired
of the antics:
Same store sales fell by 7 % in the last quarter.
The first - quarter earnings amounted to 97 cents per share, compared with a loss
of 19 cents in the quarter a year ago, while
same stores sales were up 2.8 per cent year - over-year.
The nation's largest chain
of drive - in restaurants saw system - wide
same -
stores sales rise 2.2 percent during the first quarter, powered by a 2.3 percent increase at franchise drive - ins, the corporation reported Monday.
There's lots
of room to grow, but more
of the growth will come from
same -
store restaurant
sales.
Finally, on Feb. 26, 2014, Penney reported its first glimmer
of good news: increases in
same -
store sales for the first time in two years, up 2 % over the prior year's fourth quarter (which, let's not forget, was down 32 %).
Denny's last week reported a
same -
store sales increase
of 0.9 percent for the fourth quarter, marking the 10th quarter
of the last 11 quarters that the company has seen positive
same -
store gains.
After hearing that Kohl's delivered
same -
store sales of over 5 percent for the first time since 2001 and that Children's Place logged an 8.5 percent gain in holiday - season
same -
store sales, Cramer sensed that these were more than just positive blips on the retail radar screen.
Again, it's not completely
same -
store sales, but we do take a subset
of our client base and then compare it against the average for checks per payroll, and typically is pretty close.
A month later, those
stores took another hit when Hibbett warned
of weakening
same -
store sales, a key metric for retailers.