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What does the statistic “comparable restaurant sales” mean?

April 26, 2017mean restaurant statistic

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What does the statistic “comparable restaurant sales” mean?

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Comparable restaurant sales track all restaurants that have been open 18 months or more. For that group of restaurants, we calculate the sales percentage increase or decrease for a comparative period (i.e., first quarter 2008 versus first quarter 2007 or fiscal year 2008 versus fiscal year 2007). Comparable restaurant sales is a statistic widely used in the restaurant and retail industries. Synonymous terms are “sales comps” and “same-store sales.