Costco Wholesale (COST) Clean Comps Rose 8% in Dec.
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Overall Analyst Rating:
BUY ( Up)
Dividend Yield: 0.6%
Revenue Growth %: +8.0%
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Costco Wholesale (NASDAQ: COST) reported net sales of $12.12 billion for the month of December, the five weeks ended January 4, 2015, an increase of five percent from $11.53 billion during the similar period last year.
For the eighteen weeks ended January 4, 2015, the Company reported net sales of $40.85 billion, an increase of seven percent from $38.33 billion during the similar period last year.
Comparable sales for the five and eighteen-week periods were as follows:
5 Weeks 18 Weeks
-------- --------
U.S. 5% 6%
International -1% 0%
Total Company 3% 4%
======== ========
Comparable sales for these periods, excluding negative impacts from gasoline price deflation and foreign exchange, were as follows:
5 Weeks 18 Weeks
-------- --------
U.S. 8% 7%
International 8% 7%
Total Company 8% 7%
======== ========
Additional discussion of these results is available in a pre-recorded telephone message. The recording can be accessed by dialing 1-855-859-2056 (conference ID 63524787). This message will be available today through 5:00 p.m. (PT) January 9, 2015.
Costco currently operates 671 warehouses, including 474 in the United States and Puerto Rico, 88 in Canada, 34 in Mexico, 26 in the United Kingdom, 20 in Japan, 11 in Korea, 10 in Taiwan, seven in Australia and one in Spain. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.
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