Costco Posts Upbeat October Same-Store Sales

Costco Wholesale COST posted a 7% surge in its same-store sales in October. Analysts were expecting a rise of 6.6%. Excluding the effects of fuel prices and foreign exchange, Costco's same-store sales rose 5%. Costco's net sales gained 9% to $7.67 billion in the period. Costco's shares closed at $98.43 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRetail SalesSame-store sales
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!