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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.
Ingles Markets's Change in Same Store Sales % for the quarter that ended in Dec. 2023 was 1.00% , which is higher than 0.00% for the pervious quarter ended in Sep. 2023.
Ingles Markets's Change in Same Store Sales % for the annual that ended in Sep. 2023 was 2.90% , which is lower than 7.70% for the pervious year ended in Sep. 2022.
The historical rank and industry rank for Ingles Markets's Change in Same Store Sales % or its related term are showing as below:
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.
Ingles Markets Annual Data | |||||||||||
Trend | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | ||||||
Change in Same Store Sales % | Get a 7-Day Free Trial | ||||||||||
Sales per Store for Retailers (USD Mil) | Get a 7-Day Free Trial |
Ingles MarketsQuarterly Data | |||||||||||||||||||||||||||||||||||||||||
Trend | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |||||||||||||||||||||
Change in Same Store Sales % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Sales per Store for Retailers (USD Mil) | Get a 7-Day Free Trial |
For the Grocery Stores subindustry, Ingles Markets's Change in Same Store Sales %, along with its competitors' market caps and Change in Same Store Sales % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ingles Markets (NAS:IMKTA) 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.
Thank you for viewing the detailed overview of Ingles Markets's Change in Same Store Sales % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sharp Laura Ingle | director | 2913 U.S. HWY. 70 WEST, BLACK MOUNTAIN NC 28711 |
Michael David Hogan | officer: President of Subsidiary Milkco | C/O INGLES MARKETS, INCORPORATED, P.O. BOX 6676, ASHEVILLE NC 28816 |
Patricia Jackson | officer: CFO | P.O. BOX 6676, ASHEVILLE NC 28816 |
James W Lanning | director, officer: President, other: Profit Sharing Plan Trustee | |
John R Lowden | director | 140 GREENWICH AVE, GREENWICH CT 06830 |
Ernest E. Ferguson | director | P.O. BOX 6676, ASHEVILLE NC 28816 |
Fred Ayers | director | 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711 |
Brenda S Tudor | director, officer: VP Finance, Treasurer, CFO | |
L. Keith Collins | director | P.O. BOX 6676, ASHEVILLE NC 28816 |
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011 | 10 percent owner | P.O. BOX 6676, ASHEVILLE NC 28816 |
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010 | 10 percent owner | 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711 |
Robert P Ingle | director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee | |
Ingles Markets Inc Investment/profit Sharing Plan Trust | 10 percent owner | |
Ronald B Freeman | director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee | P.O. BOX 6676, ASHEVILLE NC 28816 |
Ingle Robert P Ii | director, officer: VP - Operations | PO BOX 6676, ASHEVILLE NC 28816 |
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