Costco (COST0 Comps Rose 6% in February; Q2 Revs Slightly Light
Get Alerts COST Hot Sheet
Price: $721.86 -0.28%
Revenue Growth %: +7.9%
Financial Fact:
Merchandise costs: 31.65B
Today's EPS Names:
FRSB, DGICA, UXIN, More
Revenue Growth %: +7.9%
Financial Fact:
Merchandise costs: 31.65B
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported net sales of $7.58 billion for the month of February, the four weeks ended March 3, 2013, an increase of eight percent from $7.01 billion during the similar period last year.
For the twenty-six weeks ended March 3, 2013, the Company reported net sales of $51.35 billion, an increase of nine percent from $47.22 billion during the similar period last year.
Comps rose 6 percent after adjusting for inflation in gasoline as well as the effect of foreign exchange.
The Company today also reported net sales for the second quarter (twelve weeks) and first half (24 weeks) of fiscal 2013, ended February 17, 2013. Net sales for the quarter increased eight percent, to $24.34 billion, from $22.51 billion last year. Net sales for the first half increased nine percent, to $47.55 billion, from $43.69 billion last year.
*** The Stret is modeling Q2 sales of $25.13 billion.
For the twenty-six weeks ended March 3, 2013, the Company reported net sales of $51.35 billion, an increase of nine percent from $47.22 billion during the similar period last year.
Comps rose 6 percent after adjusting for inflation in gasoline as well as the effect of foreign exchange.
The Company today also reported net sales for the second quarter (twelve weeks) and first half (24 weeks) of fiscal 2013, ended February 17, 2013. Net sales for the quarter increased eight percent, to $24.34 billion, from $22.51 billion last year. Net sales for the first half increased nine percent, to $47.55 billion, from $43.69 billion last year.
*** The Stret is modeling Q2 sales of $25.13 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bristol-Myers Squibb (BMY) stock slips despite earnings beat
- Costco Wholesale (COST) PT Raised to $710 at Citi
- Western Digital (WDC) Tops Q3 EPS by 42c; offers guidance
Create E-mail Alert Related Categories
Guidance, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!