Costco Comparable Sales Rose 7% in August

Before you go, we thought you'd like these...
Before you go close icon
CostcoCostco Wholesale Corporation (COST) reported a 7% increase in sales at stores open at least one year in August, boosted by higher gasoline prices and stronger foreign currencies.

A survey of analysts by Thomson Reuters forecast an increase of 4.2%.

Net sales were $5.9 billion for August, an increase of 9% from August 2009, Costco said in a statement.

Net sales for the 16 weeks ended Aug. 29 were $23.6 billion, compared with $21.9 billion a year earlier.
Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story
Don't Get Too Close To a Newborn Giraffe Unless You Want to Get Kicked in the Nuts Don't Get Too Close To a Newborn Giraffe Unless You Want to Get Kicked in the Nuts
Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going