Costco Same-Store Sales Climb 5.4% to $14.57 Billion in 5 Weeks Ended July 7
July 10 2019 - 4:58PM
Dow Jones News
By Micah Maidenberg
Same-store sales at Costco Wholesale Corp. (COST) rose 5.4% in
the five-week period that ended July 7 to $14.57 billion.
Excluding the effects of gasoline prices, currency fluctuations
and an accounting change, Issaquah, Wash.-based Costco said
Wednesday that same-store sales increased 5.1% in the period.
For the 44-week period that ended July 7, Costco recorded sales
of $126.13 billion, up 8 percent versus the comparable timeframe
last year.
Costco currently operates 776 warehouse stores, 539 of which are
located in the U.S.
U.S. same-store sales after adjustments were up 5.3% in the
five-week period that ended July 7, the company said.
Total company e-commerce same-store sales rose about 21% in the
period, after adjustments.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
July 10, 2019 16:43 ET (20:43 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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