Costco Wholesale (COST) Adjusted Comps Rose 6% in June
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
Revenue Growth %: +9.6%
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Costco Wholesale (Nasdaq: COST) reported net sales of $11.01 billion for the month of June, the five weeks ended July 5, 2015, an increase of one percent from $10.88 billion during the similar period last year. Both years' five-week periods included 34 selling days in the U.S. and Canada, reflecting the observance of Independence and Canada Days. For the forty-four weeks ended July 5, 2015, the Company reported net sales of $96.32 billion, an increase of four percent from $92.88 billion during the similar period last year.
Comparable sales for the five and forty-four week periods were as follows:
5 Weeks 44 Weeks
---------- ----------
U.S. 3% 3%
International -8% -3%
Total Company -1% 2%
========== ==========
Comparable sales for these periods, excluding the negative impacts from gasoline price deflation and foreign exchange, were as follows:
5 Weeks 44 Weeks
---------- ----------
U.S. 6% 7%
International 6% 7%
Total Company 6% 7%
========== ==========
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