Costco Wholesale (COST) Comps Rose 8% in Nov.
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Costco Wholesale (Nasdaq: COST) reported net sales of $9.43 billion for the month of November, the four weeks ended November 30, 2014, an increase of seven percent from $8.79 billion during the similar period last year.
For the twelve-week first quarter ended November 23, 2014, the Company reported net sales of $26.28 billion, an increase of seven percent compared to $24.47 billion during the similar period last year.
For the thirteen weeks ended November 30, 2014, the Company reported net sales of $28.73 billion, an increase of seven percent from $26.80 billion during the similar period last year.
Comparable sales were as follows:
4 Weeks 12 Weeks 13 Weeks
------- -------- --------
U.S. 7% 6% 6%
International -1% 1% 0%
Total Company 5% 5% 4%
======= ======== ========
Comparable sales for these periods, excluding negative impacts from gasoline price deflation and foreign exchange, were as follows:
4 Weeks 12 Weeks 13 Weeks
------- -------- --------
U.S. 9% 7% 7%
International 7% 7% 6%
Total Company 8% 7% 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 96623754). This message will be available today through 5:00 p.m. (PT) December 5, 2014.
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