Shibani Joshi
Shibani Joshi
Shibani Joshi joined FOX Business Network in September 2007 as a reporter.
Prior to this, Joshi served as a reporter covering breaking news for News 12 Westchester. Before this, Joshi was a producer in New York for Reuters Television and TIMES NOW, the joint venture news channel with The Times of India, where she was responsible for producing news packages and interviews broadcast all over India.
Joshi has also served as the host of ImaginAsian TV's The Pulse variety show, contributed to ABCNews.com and ABC News Now covering technology and business stories, and was a co-host of American Desi's Point of View talk show. From 2004 to 2006, Joshi held the position of Senior Manager in Strategy and Business Development at Disney/ABC Media Networks where she worked on the launch of ABC News Now. She began her journalism career as a news production assistant at CNNfn where she contributed to Lou Dobbs Moneyline and CNN Money Morning.
Joshi holds an MBA from Harvard Business School and completed the investment banking analyst program at Morgan Stanley. She also earned a bachelor's degree in finance and accounting at the University of Oklahoma. Joshi is a native of Oklahoma City.
FOX Translator
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Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.
