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Costco Same-Store Sales Rise 9% In December

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Costco Wholesale (NASDAQ: COST) reported a 9% surge in December same-store sales.

Excluding the impact of fuel and foreign currencies, the retailer's same-store sales rose 8%. Its net sales climbed 12% to $11.2 billion in the five weeks. However, analysts were expecting a 6.5% gain in same-store sales.

Costco shares closed at $101.45 yesterday.

Posted-In: Same-store salesNews Retail Sales


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