Same-store sales growth at Future Retail’s hypermarket format Big Bazaar outlets too dropped to a seven-quarter low. One reason why Future Retail Ltd shares have been in fashion on the bourses is its stunningly consistent 10%-plus same-store sales growth for many quarters in a row. Same-store sales growth is the comparable sales growth of stores that have been operational for over a year. Same-store sales growth at Future Retail’s hypermarket format Big Bazaar outlets too dropped to a seven-quarter low. Needless to say, better same-store growth will help Future Retail bridge the valuation gap.

Source: Mint May 23, 2018 03:33 UTC