Same store sales definition
Same store sales means, for any reporting period, studio-level revenue generated by a comparable base of franchise studios, which we define as open studios that have been operating for more than 16 months.
Same store sales means, for any reporting period, studio-level revenue generated by a comparable base of franchise studios, which we define as Total Studios that have been operating for more than 16 months. As of December 31, 2021 and 2020, there were 1,234 and 940 studios, respectively in our comparable base of franchise studios.
Same store sales means Borrowers' store sales calculated on a same store basis in aggregate amount for each individual store and for all stores.
Examples of Same store sales in a sentence
Same store sales trends for fiscal 2017 and fiscal 2016 are described in the following paragraphs.
Same store sales trends for fiscal 2017 and fiscal 2016 are described in the “Segment Analysis” section below.
Same store sales of the Acquired Business during the fiscal quarter ended December 31, 2005 shall not have decreased more than 6% from same store sales during the fiscal quarter ended December 31, 2004.
More Definitions of Same store sales
Same store sales means System Sales from Keg restaurants in operation during the entire period of both the current and prior Fiscal Years.
Same store sales means the sales of our retail stores, operating throughout both financial periods being compared. If a retail store has not operated during the entire prior 13-month period prior to a relevant period end date, we exclude its sales from our calculation of same-stores sales data. For example, if a new retail store was opened on July 1, 2008 and operated throughout the last six months of 2008, (i) our “Same-Store Sales” data would exclude the sales of that retail store until August 1, 2009 and (ii) we would account for the sales of that new retail store during that 13-month period as sales from a newly opened retail store. Our calculations of
Same store sales means, for any reporting period, studio-level revenue generated by a comparable base of franchise studios, which we define as Total Studios that have been operating for more than 16 months. Vive is excluded from Same Store Sales figures as they are corporate-owned studios. As of June 30, 2023 and 2022, there were 1,622 and 1,386 studios, respectively, in our comparable base of franchise studios.
Same store sales means the sales in our stores (except for Sears department stores and boutiques) and restaurants that were opened during the period indicated and during the same period in the previous year.
Same store sales means (i) for Arby’s restaurants, sales of stores that have been open for 15 continuous months, and (ii) for Wendy’s restaurants, sales of stores that have been open for at least 15 continuous months as of the beginning of the fiscal year. Same-Store Sales exclude in each case the impact of currency transactions.
Same store sales means, for any reporting period, studio-level revenue generated by a comparable base of franchise studios, which F45 defines as open studios that have been operating for more than 16 months. As of March 31, 2020 and 2019, there were 752 and 491 franchises, respectively, in F45’s comparable base of franchise studios. As of December 31, 2019 and 2018, there were 705 and 426 franchises, respectively, in F45’s comparable base of franchise studios. F45 views same store sales as a helpful measure to assess performance of its franchise studios.