Costco Wholesale (COST) Clean Comps Rose 4% in May 2016

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Costco (COST) May Comps OK, Now Look for the CC Switch - Cowen

June 2, 2016 6:43 AM EDT

Cowen analyst, Oliver Chen, believes that Costco's (NASDAQ: COST) 4% May comp store sales (ex gas and FX) are in-line with estimates. The shift in Memorial Day resulted in one extra day in May TY vs. LY and benefitted US comps by an estimated +350... More