The Sales Growth Streak shows how many consecutive years the company has managed to grow its Sales over. i.e. Sales Streak = 3 shows that the company has grown its sales for the last 3 consecutive fiscal years.
Sales Growth is a very positive sign for growth investors and is a criteria in the Phillip Fisher screen that we have modelled.
Sales growth shows the increase in sales over a specific period of time - this is important because, as an investor, you want to know that the demand for a company's products or services will be increasing in the future.
Growth rates differ by industry and company size. Sales growth of 5-10% is usually considered good for large-cap companies, while for mid-cap and small-cap companies, sales growth of over 10% is more achievable.
It is important to distinguish however between organic sales growth and acquisitive growth.
| Ticker | Name | Sales Growth Streak | StockRank™ |
|---|---|---|---|
| LON:AZN | AstraZeneca | 5 | 70 |
| LON:BA. | BAE Systems | 5 | 77 |
| LON:TIDE | Crimson Tide | 5 | 50 |
| LON:NFG | Next 15 | 5 | 88 |
| LON:RTO | Rentokil Initial | 5 | 52 |