February 2019 US Same-Store Sales: Costco Comps Decelerate, Buckle and Cato Comparable Sales Fall
March 15, 2019
Key Points
- 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.
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.
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