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July 2018 US Same-Store Sales

Coresight Research

Executive Summary

Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports.

Our monthly US Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato.

Highlights from our July US Same-Store Sales report:

  • Costco’s same-store sales grew higher in July this year compared to the growth reported in the same month last year. Buckle and Cato brands’ comp growth turned positive compared to declines posted in July 2017. L Brands’ comps were flat.
  • Costco’s comps increased by 8.3% year over year in July, beating the consensus estimate of 6.5%. Within foods and sundries, departments that recorded strongest comp growth were tobacco, liquor, and frozen foods. Comps for both hardlines and softlines grew in the mid- to high-single digits.
  • L Brands’ comps were flat in July. Victoria’s Secret’s comps decreased by 4%, while Bath & Body Works’ were up 10%

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