Costco Comparable Store Sales Rise 4.5% in September
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Price: $915.74 -1.04%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.6%
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Investing -- Costco reported Wednesday comparable store sales grew 4.5% in September amid stronger growth beyond its core domestic markets in the U.S. and Canada.
Costco Wholesale Corp (NASDAQ: COST) was flat in aftermarket hours.
Comparable sales in the U.S. and Canada rose 3.2% and 6.7% respectively in September, while other international climbed 10% in the five weeks through Oct. 1.
Net sales rose to $22.75 billion in the five-week period ended Oct. 1, an increase of 6% from $21.46 billion last year.
E-commerce sales were up 3.7% during the period.
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