Sales Growth definition

Sales Growth for a Reporting Period shall mean the amount by which Net Sales has increased or decreased relative to the immediately preceding Reporting Period, expressed as a positive or negative percentage (depending on whether Net Sales increased or decreased) of the Net Sales for such preceding Reporting Period.

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Sales Growth means the percentage change in overall same location net sales for OfficeMax during the Award Period, adjusted for store closures, store openings, acquisitions, divestitures, and changes in fiscal periods, as calculated by OfficeMax in its sole discretion.

Sales Growth means the average of the annual percentage changes in the comparable restaurant sales (i.e., the year-over-year percentage change in sales) of the Company and its franchisees for restaurants that have been open for at least 18 months, for the three fiscal years in the Performance Period.

Examples of Sales Growth in a sentence

Projected Sales Growth (F1/F0): This metric shows the estimated sales growth for the current fiscal year.
The Committee reserves the right to reduce or eliminate the Award for any reason, regardless of the amount or level of EBIT, Net Sales, Return on Sales, Same Location Sales Growth, and/or net income from continuing operations available to common shareholders excluding special items, as disclosed and discussed in the earnings release, that is achieved.
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.
Without limitation of Licensor’s rights under Section 8.3, Licensor and its representatives shall have the right to inspect Licensee’s books and records with respect to each Brand Restaurant Business, upon reasonable prior notice to Licensee and for purposes reasonably related to the verification of the SGM Calculation Statement, the SGM Report, if any, and any additional information relating to the Sales Growth Metric.
In the event Licensee’s SGM Calculation Statement indicates a Brand Restaurant Business has failed to meet the Sales Growth Metric (an “SGM Breach”), Licensee may include with the SGM Calculation Statement a report setting forth specific factors, if any, beyond its reasonable control as the predominant cause for such SGM Breach (the “SGM Report”).
Such number of RSUs shall vest based on the Company’s calculated Sales Growth Factor during the Performance Period as is determined by multiplying (i) the Target RSUs set forth in the Grant Notice, by (ii) 40%, by (iii) Sales Growth Achievement Percentage (as defined in the chart below) determined pursuant to the chart set forth below as of the Measurement Date.
Less than 2.5%/year 1.0500 0 % 2.5%/year 1.0500 25 % 5.0%/year 1.1000 100 % 7.5%/year or Greater 1.1500 or Greater 200 % If the Company’s Sales Growth Factor during the Performance Period is between two achievement levels, the Sales Growth Achievement Percentage shall be determined by linear interpolation between the applicable achievement levels.
In the event the SGM Calculation Statement indicates that the Sales Growth Metric has been satisfied and Licensor agrees with the SGM Calculation Statement, Licensor shall provide written notice to Licensee confirming that the Sales Growth Metric has been satisfied for that particular Measurement Period within thirty (30) days after receipt of the SGM Calculation Statement.
If actual Sales Growth for the Performance Period is between the Threshold Sales Growth Goal and the Target Sales Growth Goal, or between the Target Sales Growth Goal and the Maximum Sales Growth Goal, the number of Sales-Based PSUs that will be earned and eligible to vest will be determined by linear interpolation.
Following the end of the second through fifth fiscal years ending after the Grant Date, the Darden Annual Sales Growth Rate shall be determined on a ▇▇▇▇▇ative basis for the combined years covered by the calculation, adjusted to reflect the amount of the Darden Annual Sales Growth Rate, if any, that has previously resulted in the accelerated vesting of Shares pursuant to this Section 3(b).

More Definitions of Sales Growth

Sales Growth means the three-year compounded annualized growth in sales over the performance period, determined using year-end total net sales for year three of the performance period and year-end total net sales for the year-end prior to the start of the performance period, as adjusted pursuant to Section 1(b).

Sales Growth means the percentage change in Net Sales for OfficeMax during the Award Period, as calculated by OfficeMax in its sole discretion.

Sales Growth means the "Actual Sales Growth," which is the fraction obtained by dividing the Sales for a given Year by the Sales for the previous Year and then subtracting 1, the result then being stated as a percentage; except that, after a Year in which Actual Sales Growth exceeded 20%, Sales Growth in any subsequent Year shall be the greater of the Actual Sales Growth for that subsequent Year or Equivalent Sales Growth. For these purposes, "Equivalent Sales Growth" shall mean an assumed 20% annual compounded Sales Growth after the Year that preceded the Year in which Actual Sales Growth exceeded 20%; provided that the resulting assumed Sales for the Year shall not be more than the Actual Sales for the Year (calculated as provided in the definition of Sales).

Sales Growth means the Company’s increase in Net Sales from the prior measurement period as compared to the current measurement period.

Sales Growth means the “compounded annual growth rate” over the Performance Period of the Corporation’s Sales, represented as a percentage, and measured as follows:

Sales Growth means the difference between a company’s sales at the beginning of the Measurement Period and such company’s sales at the end of the Measurement Period, determined by the Committee in its reasonable discretion.