How Did Retailers Fare In March?

U.S. retail March sales numbers have started to trickle out. Here’s a quick look at the March and Q1 numbers available so far.

9 Names

  • Costco Wholesale Corporation COST 0.99% reported a 1.0 percent rise in same-store sales (SSS) (including gasoline and forex) in the United States, but a 1.0 percent decline in SSS internationally. With gasoline and forex removed, the retailer logged 3.0 percent SSS gains domestically and 5.0 percent gains internationally.
  • L Brands Inc LB 0.26% reported a 3.0 percent year-over-year (Y/Y) gain in SSS, including a 5.0 percent gain from Bath & Body Works.
  • Buckle Inc BKE 0.64% reported an 11.8 percent Y/Y drop in SSS and an 11.0 percent decline in total revenue for the month of March.
  • Tandy Leather Factory, Inc. TLF 0.74% reported a 2.0 percent Y/Y SSS gain in March, although sales year-to-date are still down 0.5 percent compared to 2015.
  • Haverty Furniture Companies, Inc. HVT 1.85% reported Q1 SSS growth of 0.9 percent and total sales growth of 1.7 percent compared to Q1 of last year.

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