Costco Wholesale (COST) adj.-Comps Rose 6% in May 2015
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Costco Wholesale (NASDAQ: COST) reported net sales of $8.98 billion for the month of May, the four weeks ended May 31, 2015, an increase of two percent from $8.78 billion during the similar period last year. For the thirty-nine weeks ended May 31, 2015, the Company reported net sales of $85.31 billion, an increase of four percent from $81.99 billion during the similar period last year.
Comparable sales for the four and thirty-nine week periods were as follows:
4 Weeks 39 Weeks
---------- ----------
U.S. 2% 4%
International -4% -2%
Total Company 0% 2%
========== ==========
Comparable sales for these periods, excluding the negative impacts from gasoline price deflation and foreign exchange, were as follows:
4 Weeks 39 Weeks
---------- ----------
U.S. 5% 7%
International 8% 7%
Total Company 6% 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 94088528). This message will be available today through 5:00 p.m. (PT) on Friday, June 5, 2015.
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