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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.
Driven Brands Holdings's Change in Same Store Sales % for the quarter that ended in Jun. 2024 was 0.50% , which is lower than 0.70% for the pervious quarter ended in Mar. 2024.
Driven Brands Holdings's Change in Same Store Sales % for the annual that ended in Dec. 2023 was 7.40% , which is lower than 14.10% for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Driven Brands Holdings's Change in Same Store Sales % or its related term are showing as below:
The historical data trend for Driven Brands 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.
Driven Brands Holdings Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Change in Same Store Sales % | Get a 7-Day Free Trial |
Driven Brands HoldingsQuarterly Data | |||||||||||||||||||||||||||||
Trend | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |||||||||||||||
Change in Same Store Sales % | Get a 7-Day Free Trial |
For the Auto & Truck Dealerships subindustry, Driven Brands Holdings'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.
Driven Brands Holdings (NAS:DRVN) 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 Driven Brands Holdings's Change in Same Store Sales % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jonathan G. Fitzpatrick | director, officer: President & CEO | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
Gary W Ferrera | officer: EVP, Chief Financial Officer | 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042 |
Muhammad Khalid | officer: EVP, Seg. Pres. - Maintenance | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
Rc Iv Cayman Icw Holdings Llc | 10 percent owner, other: See Remarks. | C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309 |
Neal K Aronson | director, 10 percent owner, other: See Remarks | 1180 PEACHTREE STREET NE., SUITE 2500, ATLANTA GA 30309 |
Driven Equity Llc | 10 percent owner, other: See Remarks. | C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309 |
Michael G. Macaluso | officer: EVP & Grp Pres-Pt., Coll & Gl. | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
Jose D. Tomas | director | 5505 BLUE LAGOON DRIVE, MIAMI FL 33126 |
Driven Equity Sub Llc | 10 percent owner, other: See Remarks. | C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309 |
Rc Iv Cayman Icw Holdings Sub Llc | 10 percent owner, other: See Remarks. | C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309 |
Roark Capital Partners Iii Aiv Lp | 10 percent owner, other: See Remarks. | C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309 |
Daniel R. Rivera | officer: EVP & Group President, Maint. | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
John R. Teddy | officer: EVP & President, Car Wash N.A. | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
Karen B. Stroup | director | 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202 |
Michael Beland | officer: SVP & Chief Accounting Officer | 440 S. CHURCH ST., SUITE 700, CHARLOTTE NC 28202 |
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