Core Sales definition

Core Sales shall exclude the impact of planned and completed divestitures (from the first day of the preceding quarter when the announcement is made), discontinued operations, acquisitions (for a period of one year from acquisition), retail store openings (for a period of one year from opening), retail store closures (for all closures occurring or planned to occur within the performance period) and foreign currency exchange, and all business/market exits and other items excluded from publicly reported Core Sales Growth.
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Examples of Core Sales in a sentence

  • Following the completion of the applicable three-year performance period, the Committee will determine the extent to which each of the Performance Goals related to Free Cash Flow and Annual Core Sales Growth as described below have been achieved.

  • From and after the date that all of the Promotion Conditions are first satisfied and during the Term, each Party shall promote the Product using only the Core Sales Aid, those Promotional Materials that are pre-approved and listed on Schedule 2.2, or other Promotional Materials approved pursuant to this Section 5.5(d), and, in each case, provided by Auxilium, at Auxilium’s expense in accordance with Section 5.8(a).

  • Core Sales also excludes from reported sales the impact of product line exits, exits from other components of the business, and exits from geographic markets.

  • Average Core Sales means the simple average of the annual Core Sales growth performance over the three year performance period, with each of the three annual Core Sales performance rates measured against the core sales for the respective preceding fiscal year.

  • The Average Core Sales target for the performance period shall be expressed as three levels of performance: threshold performance, target performance and maximum performance.

  • Core Sales shall be calculated using the Core Sales figures included in the Company’s quarterly earnings releases.

  • Core Sales calculations shall be based on local currency sales reported pursuant to U.S. GAAP, as adjusted for the impact of the adoption of new accounting standards.

  • Each of the TSR Comparator Group Performance, Average Core Sales Performance and Normalized EPS CAGR Performance payout percentages shall be multiplied by one-third, and the resulting sum of the three payout percentages (to two decimal places) shall be the combined payout percentage.

  • The payout percentages for the Average Core Sales target shall be as follows: Level of Performance Average Core Sales Payout Percentage Threshold 2.50% 0% Target 4.00% 100% Maximum 5.50% 200% Straight line interpolation shall be used to determine the payout percentage for performance levels between the respective Threshold, Target and Maximum levels of performance.

  • Core Sales excludes from reported sales the impacts of acquisitions until the first anniversary of the acquisition and divestitures reflected as discontinued operations and changes in foreign currency from year-over-year comparisons.

Related to Core Sales

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Asset Sales means the sale, lease, sale and leaseback, assignment, conveyance, transfer or other disposition by the Company or any of its Subsidiaries to any Person of any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, including, without limitation, the Capital Stock of any of the Company's Subsidiaries, provided that the sale, conveyance or other disposition of all or substantially all of the assets of the Company and its Subsidiaries taken as a whole will be governed by the provisions of Section 5.15 and not by the provisions of Section 5.14. In addition, the term "Asset Sale" shall exclude:

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Net Sales means [***].

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"