Costco Posts Upbeat December Comparable Sales
Costco Wholesale (NASDAQ: COST) reported upbeat same-store sales for December.
Costco's sales at stores open at least a year climbed 3% in the month, versus analysts' expectations for a 1.8% gain.
Costco's December net sales jumped 6% to $11.53 billion. Excluding the impact of foreign exchange and fuel sales, its same-store sales gained 5% in December.
Costco shares closed at $114.05 yesterday.
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