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FirstCash Holdings (FRA:FF60) Change in Same Store Sales % : 0.00% (As of . 20)


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What is FirstCash Holdings Change in Same Store Sales %?

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.

The historical rank and industry rank for FirstCash Holdings's Change in Same Store Sales % or its related term are showing as below:

FRA:FF60's Change in Same Store Sales % is not ranked *
in the Credit Services industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

FirstCash Holdings Change in Same Store Sales % Historical Data

The historical data trend for FirstCash Holdings'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.

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FirstCash Holdings Change in Same Store Sales % Chart


FirstCash Holdings  (FRA:FF60) 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.

FirstCash Holdings Change in Same Store Sales % Related Terms

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FirstCash Holdings (FRA:FF60) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FirstCash Holdings Inc (FRA:FF60) » Definitions » Change in Same Store Sales %
Comparable Companies
OMF CACC SLM WU OBDC NNI SOFI QFIN LU BFH V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 BOM:532810
Traded in Other Exchanges
FCFS:USA FF60:Germany
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 (FRA:FF60) Headlines

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