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>> COSTCO Latest News

MAY 09, 2013 - MarketWatch

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Costco April same-store sales up 4%

LONDON (MarketWatch) -- Costco Wholesale Corp. said on Thursday that comparable sales for the four weeks ended May 5 rose 4%, missing an estimate of 4.5% in a survey of analysts by Thomson Reuters. The company said changes in gasoline prices and foreign exchange rates negatively impacted same-store sales for the period, with sales rising 6% excluding these factors. The Thomson Reuters survey expected sales to rise 5.3% excluding gas prices. Total sales for the period rose to $7.98 billion, up 7% from $7.48 billion in the same month last year. Market Pulse Stories are Rapid-fire, short news ... Read More

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