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 June US Same-Store Sales report:

• Costco’s same-store sales growth accelerated in June versus the same period last year. Buckle, Cato and L Brands all reported comp improvement year over year.
• Costco reported that comps increased by 9.7% year over year in June versus the 6.9% consensus estimate. Hardlines were up by low double digits year over year, with the majors, garden and tires departments among the better performers.
• L Brands’ comps were up 3.0% in June. Victoria’s Secret’s comps were down 1% and Bath & Body Works’ comps were up 10%.