May 2018 US Same-Store Sales

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 May US Same-Store Sales report:

• Same-store sales for Costco saw an acceleration in May versus the same period last year. Cato, Buckle and L Brands all reported positive May comps, which also accelerated versus the same period last year.
• Mass-merchant Costco saw comps increase by 11.7% year over year in May versus the 7.7% consensus estimate. Hardlines were up by the low to mid-teens year over year, better-performing departments were majors, garden, office and sporting goods.
• L Brands reported a 5.0% comps increase overall in May, while Victoria’s Secret’s comps were up 2.0% and Bath & Body Works’ were up 10.0%.