Costco (COST) April Comps Down 8%
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Costco Wholesale Corporation (Nasdaq: COST) said comparable sales for Arpril fell 8%, versus the consensus of a 6.8% drop. Excluding the negative impacts from gasoline deflation and foreign exchange, comparable sales were flat.
Costco reported net sales of $5.18 billion for the month of April, the four weeks ended May 3, 2009, a decrease of six percent from $5.54 billion in the same four-week period last year.
Costco reported net sales of $5.18 billion for the month of April, the four weeks ended May 3, 2009, a decrease of six percent from $5.54 billion in the same four-week period last year.
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