Costco Wholesale (COST) November Comps Up 5%; Q113 Sales Rose 10%
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Costco Wholesale Corp (NASDAQ: COST) reported net sales of $8.15 billion for the month of November, the four weeks ended November 25, 2012, an increase of nine percent from $7.51 billion during the similar four-week period last year.
Adjusted comps rose 5 percent.
For the first fiscal quarter (12 weeks) of its 2013 fiscal year (from September 3 through November 25, 2012), the Company reported net sales of $23.21 billion, an increase of ten percent from $21.18 billion in the first fiscal quarter of 2012.
*** The Street was looking for sales of $23.35 billion.
Adjusted comps rose 5 percent.
For the first fiscal quarter (12 weeks) of its 2013 fiscal year (from September 3 through November 25, 2012), the Company reported net sales of $23.21 billion, an increase of ten percent from $21.18 billion in the first fiscal quarter of 2012.
*** The Street was looking for sales of $23.35 billion.
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