Costco Wholesale (COST) March Comps +1%, +4% Ex-Gas
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Costco Wholesale Corporation (NASDAQ: COST) today reported net sales of $10.71 billion for the month of March, the five weeks ended April 3, 2016, an increase of three percent from $10.40 billion during the similar period last year.
For the thirty-one weeks ended April 3, 2016, the Company reported net sales of $68.96 billion, an increase of two percent from $67.59 billion during the similar period last year.
Comparable sales for the five-week and thirty-one week periods ended April 3, 2016, were as follows:
5 Weeks 31 Weeks
---------- ----------
U.S. 1% 2%
Canada 3% -6%
Other International -1% -4%
Total Company 1% 0%
========== ==========
Comparable sales for these periods excluding the negative impacts from gasoline prices deflation and foreign exchange were as follows:
5 Weeks 31 Weeks
---------- ----------
U.S. 3% 4%
Canada 9% 9%
Other International 5% 6%
Total Company 4% 5%
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