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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail

Costco delivers strong sales growth in September

Costco Wholesale Corporation (NASDAQ:COST) reported a solid rise in same-store sales in September boosted by growth in Canada and in its international business.

Net sales totalled $22.75 billion for the retail month of September, the five weeks ended October 1, an increase of 6.0% from $21.46 billion last year.

Same-store sales rose 4.5% with growth of 3.2% in the US and 6.7% in Canada through the five-week period.

Elsewhere internationally, sales climbed 10% while e-commerce sales rose 3.7%.

Shares were little moved by the news, down 0.1% in pre-market trading.

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