Costco Wholesale (COST) Comps Rose 6% in June

Costco Wholesale (Nasdaq: COST) reported net sales of $10.89 billion for the month of June, the five weeks ended July 6, 2014, an increase of ten percent from $9.91 billion during the similar five-week period last year. Both years' five-week periods included 34 selling days in Canada and the U.S., reflecting the observance of Canada Day and Independence Day (U.S.), respectively.

For the forty-four weeks ended July 6, 2014, the Company reported net sales of $92.88 billion, an increase of seven percent from $87.04 billion during the similar period last year.

Comparable sales for the five and 44-week periods were as follows:

                                         5 Weeks    44 Weeks

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



              U.S.                          6%         5%

              International                 7%         2%



              Total Company                 6%         4%

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

Inflation in gasoline prices had a positive impact on comparable sales for the five-week period, but a negative impact for the forty-four week period; foreign currencies had a negative impact for both periods. Excluding these effects, comparable sales were as follows:

                                         5 Weeks    44 Weeks

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



              U.S.                          6%         5%

              International                 8%         7%



              Total Company                 6%         6%

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

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