Costco Wholesale (COST) Comps Rose 6% in July

Costco Wholesale (Nasdaq: COST) reported net sales of $8.55 billion for the month of July, the four weeks ended August 3, 2014, an increase of nine percent from $7.87 billion during the similar four-week period last year.

For the forty-eight weeks ended August 3, 2014, the Company reported net sales of $101.43 billion, an increase of seven percent from $94.91 billion during the similar period last year.

Comparable sales for the four and 48-week periods were as follows:

                                     4 Weeks  48 Weeks

                                     -------  --------



                      U.S.              5%       5%

                      International     6%       3%



                      Total Company     5%       4%

                                     =======  ========

Comparable sales for these periods, excluding negative impacts from gasoline price deflation and foreign exchange, were as follows:

                                     4 Weeks  48 Weeks

                                    --------  --------



                     U.S.              5%        5%

                     International     7%        7%



                     Total Company     6%        6%

                                    ========  ========

Additional discussion of these sales results is available in a pre-recorded telephone message. You can access the recording by dialing 1-855-859-2056 (conference ID 96621009). This message will be available today through 5:00 p.m. (PT) on Friday, August 8, 2014.

You May Also Be Interested In

• Gap Inc. names Michael Francis as Old Navy CEO effective November
• SK Hynix (SKHY) PT Raised to $220 at Needham
• Meta Platforms Inc. (META) PT Raised to street high $886 at Rosenblatt