February 2019 US Same-Store Sales: Costco Comps Decelerate, Buckle and Cato Comparable Sales Fall

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 February US Same-Store Sales report:

• In February, Costco’s same-store sales growth showed a sequential slowdown. The company posted accelerated growth in e-commerce comparable sales. Adverse weather conditions, holiday shift and forex currency fluctuations negatively impacted Costco’s performance.
• Buckle saw a poor performance in both Men’s and Women’s segment that dragged down the comps. 
• Cato posted a decline in comps, below the company’s own expectations.