Company Earnings Update | July 14, 2020 Register for Free Access Costco Monthly Sales, June 2020: Highest Total Comp Growth in the Past Year, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in June, although e-commerce growth decelerated. We review the comparable sales metrics reported by Costco for June 2020 and consider the factors that impacted results—including coronavirus-led store closures and gasoline price deflation. Read More
Company Earnings Update | June 5, 2020 Register for Free Access Costco Monthly Sales, May 2020: Comp Growth Accelerates as E-Commerce Sales DoubleCostco’s global same-store sales increased year over year in May, and e-commerce growth accelerated. We review the comparable sales metrics reported by Costco for May 2020 and consider the factors that impacted results—including the coronavirus crisis and gasoline price deflation. Read More
Insight Report | April 15, 2020 Premium March 2020 US Same-Store Sales: Costco Sees Food Sales Surge over 30%, but Softlines Down by Double DigitsThe impact of the coronavirus continues to be experienced by retailers globally, negatively affecting comps growth but resulting in a surge in online shopping and essential purchases (such as food). This report looks at the March same-store sales results of Costco and Buckle. Read More
Insight Report | January 14, 2020 Premium December 2019 US Same-Store Sales: Late Cyber Monday Drives Jump in Costco Online SalesDecember same-store sales showed the impact of the late US Thanksgiving—and the shortest possible number of shopping days before Christmas. November was a nail-biter for some retailers, but for most results rebounded in December as major shopping days were pushed into the following month. Read More
Insight Report | December 12, 2019 Premium November 2019 US Same-Store Sales: Costco Comp Growth SlowsNovember same-store sales hit by late Thanksgiving that pushed Cyber Monday into December. Costco, Cato and Buckle all reported slowing same-store and in particular online sales growth in November, much attributable to Cyber Monday moving into the following month. Read More