Retail revenue definition
Examples of Retail revenue in a sentence
Retail revenue is recognized when control of the products has transferred, being at the point of sale to the customer.
Retail revenue is billed monthly based on rates adopted by the City Council.
These net Retail revenue and Retail gross margin targets are tested quarterly on a trailing twelve-month basis.
Retail revenue is recognized at the point of sale while license revenue is recognized in the period in which the goods and services are provided.Broadcasting rights revenue represents revenue receivable from all UK and overseas media contracts, including contracts negotiated centrally by the Premier League and UEFA.
Retail revenue is recognized at the time of sale and Direct revenue is recognized upon shipment of merchandise to the customer.
The Company’s pro forma revenue for the year ending 31 December 2017, is forecasted on the basis of achieved revenue from the existing retail and wholesale operations of HICL and TISL between 1 January and 30 June 2017 and management’s expectations for the four month period ending 31 December 2017.Revenue mainly arises from: Retail revenue from 25 directly operated fashion and sports apparel stores in Malta.
Excluding the impact of Petroleum, which increased 6.3 percent year-over-year, Retail revenue increase 8.2 percent primarily driven by higher year-over-year product shipments to Dealers and retail sales growth at FGL Sports and Mark’s.
The Retail revenue allowed under the current controls is based on an efficient cost to serve each residential customer and therefore will be adjusted as respective customer numbers vary from the number vary from the number assumed in setting the allowed revenue.
The agreement provides the lender with a first priority security interest in all of the Company’s assets and contains a certain number of financial covenants, which requires the Company to (i) maintain minimum unrestricted cash balance of $15,000, (ii) maintain minimum net Retail revenue based upon agreed upon quarterly targets, and (iii) maintain a Retail gross margin percentage of at least 8%.
Retail revenue is projected on a store by store basis taking into consideration the historical uplift in sales during the run-up to the Christmas period.