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

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Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Anand Kumar, Associate Director of Research
Insight Report

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.
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