Post by
Dali812 on Apr 18, 2023 5:03am
Comparable sales
One metric we might be forgetting about but is very important is comparable sales (to assess store performance and sales growth.).
In the past(2012-2018) these sales had the tendency to decline, but in fiscal 2023 they grow each quater YoY. I know fiscal 2022 isn't really best for comparison but we should watch this metric now in fiscal 2024 and how it will compare to 2023....
Comment by
Torontojay on Apr 18, 2023 5:48am
What also isn't discussed much is real growth; that is, growth in terms of volumes, not nominal growth. A company can easily beat last years numbers due to inflation but it doesn't mean much when inflation is contribution to the "fake" growth.