Ingles Markets (FRA:IN3A) Change in Same Store Sales % : 0.00% (As of . 20)

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What is Ingles Markets 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 Ingles Markets's Change in Same Store Sales % or its related term are showing as below:

FRA:IN3A's Change in Same Store Sales % is not ranked ^*
in the Retail - Defensive industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

Ingles Markets Change in Same Store Sales % Historical Data

The historical data trend for Ingles Markets'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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Ingles Markets Change in Same Store Sales % Chart

Ingles Markets (FRA:IN3A) Change in Same Store Sales % Explanation

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.

Ingles Markets Change in Same Store Sales % Related Terms

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Ingles Markets (FRA:IN3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ingles Markets Inc (FRA:IN3A) » Definitions » Change in Same Store Sales %

Comparable Companies

Traded in Other Exchanges

IMKTA:USA

Address

2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711

Website

https://www.ingles-markets.com

Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

Ingles Markets (FRA:IN3A) Headlines

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