What is the sale?
Similar sales are sales published by a company or company that indicates a direct comparison with the previous year, eliminating all sales made for acquisitions, losses or other circumstances that have not been present in the previous year. This is often considered to be a more accurate form of comparison of sales between one year and the other, because it ignores other details that could inflate or drain a comparable business by the company. Similar sales are usually used in retail companies, although the term has been extended to other industries where “sales” may not be literal, but the profit is still thoroughly measured. "Like-for-like" essentially means similar or comparing two more or without personally the same types of things, rather than a comparison that could be described as two things that are different not "like" each other. In this sense, they aim to represent only the sale or enterprise by a company that can be directly correlated with the sameI or similar types of sales from the previous year.
This type of sales analysis can therefore usually be performed only by a company that is in the second or more year of business. Smaller businesses or those that are not prone to acquisition or closure are probably not used by this type of analysis, because the basic analysis of one year sales to others will be generally similar to sales by default. Larger companies that often expand, close and acquire new properties, are more likely to create a number of types of sales and messages, including selling numbers similar to similar ones. If the company had 10 stores for one year and opened another 10 stores in the first month of next year, for example, it would probably use the analysis of sales exactly to indicate the growth of total sales.
Otherwise the company would compare 10 stores one year with the sale of 20 stores in the following year. In the analysis of similar sales analysis, 10 new stores would be ignored and only 10 original stores would be used for analysis. The following year, however, 20 shops can be compared to 20 stores a year ago to determine similar numbers. However, if the three stores were closed, the remaining 17 stores would be compared only with sales numbers for these 17 stores in the previous year to form similar trading numbers.