Market Weekly: April 4 – 10 2020

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Costco:March Sales Watch

Traffic at Costco (NASDAQ:COST) stores has tailed off just a bit amid social distancing efforts, still the report on March sales could still surprise

Costco saw U.S. comparable sales soar 12% in February as consumer stockpiling trend first started to take off. The consensus for Costco’s Q2 comparable sales (U.S., Canada and international) is at a healthy 9.3%.

Buckle (NYSE:BKE), Cato (NYSE:CATO) and PriceSmart (PSMT) are also in line to issue monthly sales report.