What is Victoria's Secret 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.
Victoria's Secret's Change in Same Store Sales % for the quarter that ended in Jan. 2024 was -6.00%
, which is higher than
-7.00% for the pervious quarter ended in Oct. 2023.
Victoria's Secret's Change in Same Store Sales % for the annual that ended in Jan. 2024 was -9.00%
, which is lower than
-8.00% for the pervious year ended in Jan. 2023.
The historical rank and industry rank for Victoria's Secret's Change in Same Store Sales % or its related term are showing as below:
VSCO's Change in Same Store Sales % is not ranked *
in the Retail - Cyclical industry.
Industry Median: * Ranked among companies with meaningful Change in Same Store Sales % only.
Victoria's Secret Change in Same Store Sales % Historical Data
The historical data trend for Victoria's Secret'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.
* Premium members only.
Victoria's Secret Change in Same Store Sales % Chart
Competitive Comparison of Victoria's Secret's Change in Same Store Sales %
For the Apparel Retail subindustry, Victoria's Secret'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.
Victoria's Secret (NYSE:VSCO) 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.
Victoria's Secret Change in Same Store Sales % Related Terms
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Victoria's Secret (Victoria's Secret) Business Description
Victoria's Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.
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