Costco (COST) Comps Up 4% in January

February 7, 2013 6:09 AM EST
Costco Wholesale Corporation (Nasdaq: COST) reported net sales of $9.35 billion for the month of January, the five weeks ended February 3, 2013, an increase of seven percent from $8.74 billion during the similar period last year. This year's period contained one less day compared to last year, due to the timing of the New Year's holiday, which negatively impacted total and comparable sales by approximately 2%.

For the first twenty-two weeks of its fiscal year ended February 3, 2013, the Company reported net sales of $43.77 billion, an increase of nine percent from $40.18 billion during the similar period last year.

Excluding fuel, comps rose 4 percent in January.


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