Costco Wholesale (COST) Reports 11% Sale Increase in December 2009
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Price: $961.10 -0.08%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.6%
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Costco Wholesale Corporation (NASDAQ: COST) today reported net sales of $8.26 billion for the month of December, the five weeks ended January 3, 2010, an increase of 11 percent from $7.41 billion in the same five-week period last year.
For the eighteen weeks ended January 3, 2010, the Company reported net sales of $26.83 billion, an increase of 8 percent from $24.93 billion during the similar period last year.
Inflation in gasoline prices and strengthening foreign currencies had a positive impact on December's comparable sales.
For the eighteen weeks ended January 3, 2010, the Company reported net sales of $26.83 billion, an increase of 8 percent from $24.93 billion during the similar period last year.
Inflation in gasoline prices and strengthening foreign currencies had a positive impact on December's comparable sales.
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