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September 2019 US Same-Store Sales: Costco Experiences Slower Growth, but Beats Consensus Estimate

Coresight Research

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 September US Same-Store Sales report:

  • Costco’s global September same-store sales growth decelerated from August but beat the consensus estimate. Its e-commerce growth came in at 17.8% in September, lower than August’s 23.9% growth.
  • Buckle posted an increase in same-store sales in both the men’s and women’s segments.
  • Cato’s same-store sales growth rate accelerated from 3% in August to 5% in September. The company stated that its same-store sales continued on a positive trend, but it remains cautiously optimistic as it evaluates the impact of the tariffs implemented this month.

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