Costco (COST) December Comps Rise 6.1%
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.7%
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Costco Wholesale Corporation (Nasdaq: COST) today reported net sales of $15.42 billion for the retail month of December, the five weeks ended January 6, 2019, an increase of 7.8 percent from $14.30 billion last year.
For the 18 weeks ended January 6, 2019, the Company reported net sales of $52.99 billion, an increase of 9.5 percent from $48.39 billion during the similar period last year.
Comparable sales were as follows:
| 5 Weeks | 18 Weeks | ||
| U.S. | 7.5% | 10.0% | |
| Canada | 2.0% | 2.1% | |
| Other International | 2.8% | 3.3% | |
| Total Company | 6.1% | 7.9% | |
| E-commerce | 13.6% | 27.9% | |
Comparable sales excluding the impacts from changes in gasoline prices, foreign exchange and a previously disclosed accounting change concerning revenue recognition (ASC 606) were as follows:
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