April 2018 US Same-Store Sales

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 April US Same-Store Sales report:

• Same-store sales for Costco saw an acceleration in April versus the same period last year. Cato and Buckle continued to report negative comps for the month. Costco and L Brands beat estimates.
• Mass-merchant Costco saw comps increase by 10.9% year over year in April versus the 8.3% consensus estimate. Hardlines were up by the high single digits year over year, with better-performing departments including office, tires and majors.
• L Brands reported flat comps overall in April.Victoria’s Secret’s comps were down 2% and Bath & Body Works’ comps were up 6%.