Deutsche Bank Previews April Comps Expectations For Costco, Gap, L Brands, The Buckle

Various retailers are scheduled to report their April headline comps soon. Paul Trussell of Deutsche Bank offered a glance into four unique retailers and detailed what investors should expect.

Costco

Costco Wholesale Corporation (NASDAQ: COST) (reporting May 4) is expected to report its April same-store sales rose 1 percent (in line with March) on traffic gains of 3.5 percent (versus 3.6 percent in March).

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Gap

Gap Inc (NYSE: GPS) (reporting May 9) is expected to report its April same-store sales rose 3.5 percent (versus a 6 percent decline in March), exceeding the Street's expectations of a 3.1 percent gain.

L Brands

L Brands Inc (NYSE: LB) (reporting May 5) is expected to report its April same-store sales rose 5 percent – in line with the Street's estimate and consistent with the company's low-single to mid-single digit guidance.

The Buckle

Buckle Inc (NYSE: BKE) (reporting May 5) is expected to report its April same-store sales fell 7.0 percent, which is worse than the Street's forecast of a 5.8 percent decline, but above the company's March reading of an 11.8 percent decline.