Costco Reports 10% Rise In July Same-Store Sales

by Benzinga Staff
August 4, 2011 5:36 AM | 18 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Costco Wholesale Corp (NASDAQ: COST) reported a 10% rise in its July sales at stores open at least a year.Costco's total sales surged 15% to $6.74 billion. However, analysts were expecting same-store sales to increase 8.6%. Excluding the impact of gasoline prices and foreign exchange, Costco's same-store sales increased 5%. Costco's shares gained 1.97% to close at $77.08 yesterday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: NewsRetail SalesConsumer StaplesHypermarkets & Super CentersSame-store sales

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