Costco Wholesale Reports January Numbers

Costco Wholesale Reports January Numbers
» Blue Book Services PMA Fresh Summit 2011

ISSAQUAH, WA - The New Year is reflecting healthy numbers for Costco Wholesale Corporation. The company has reported its January sales numbers for the 28 selling days for this period.

Costco reports net sales of $7 billion for the month of January. For the four week period ending January 29, 2012, the numbers revealed an increase of 11 percent from $6.30 billion when compared to the similar period last year. According to Thomson Reuters data, the increase was better than expected for the corporation, where analysts were anticipating same-store sales to increase 6.1 percent, including the impact of fuel prices.

For the first twenty-two-weeks of the reporting period ending January 29, 2012, Costco disclosed net sales numbers of $40.18 billion. This outcome communicates an increase of 11 percent from $36.08 billion when measured against the similar period last year. As for comparable same-store sales for January, excluding the impact of gasoline prices and foreign exchange sales numbers were up 8 percent.


www.costco.com