Costco (COST) October Comps Rise 3%, 1.1% in U.S.
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Price: $939.96 -0.42%
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 $18.53 billion for the retail month of October, the four weeks ended October 29, 2023, an increase of 4.5 percent from $17.73 billion last year.
For the first eight weeks of the fiscal year ended October 29, 2023, the Company reported net sales of $36.57 billion, an increase of 5.3 percent from $34.74 billion for the first eight weeks of fiscal year 2023 ended October 23, 2022.
Comparable sales were as follows:
| 4 Weeks | 8 Weeks | ||
| U.S. | 1.1% | 2.1% | |
| Canada | 8.5% | 7.5% | |
| Other International | 8.2% | 10.9% | |
| Total Company | 3.0% | 3.9% | |
| E-commerce | 3.7% | 3.7% | |
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
| 4 Weeks | 8 Weeks | ||
| U.S. | 2.2% | 2.4% | |
| Canada | 9.5% | 8.4% | |
| Other International | 4.1% | 6.1% | |
| Total Company | 3.4% | 3.7% | |
| E-commerce | 3.1% | 3.2% | |
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