Costco Wholesale (COST) adj.-Comps Rose 1% in July 2016
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Costco Wholesale Corporation Reports July Sales Results
August 3, 2016 9:00 PM EDTISSAQUAH, WA -- (Marketwired) -- 08/03/16 -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today reported net sales of $8.65 billion for the month of July, the four weeks ended July 31, 2016, compared to $8.64 billion during the similar period last year. Due to the timing of the Independence Day holiday, this year's July results included one less sales day in the U.S. than last year. This shift negatively impacted total Company sales by an estimated 2.5% (3.5% in the U.S.).
For the forty-eight weeks ended July 31, 2016, the Company reported net sales of $107.16 billion, an... More
