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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Costco Wholesale Corporation | NASDAQ:COST | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.91 | 0.97% | 722.37 | 721.07 | 723.00 | 724.27 | 716.552 | 719.00 | 1,176,193 | 01:00:00 |
From Apr 2019 to Apr 2024
By Micah Maidenberg
Costco Wholesale Corp. on Wednesday reported $42.35 billion in sales for the first quarter, reflecting heightened consumer demand for the chain's food products and other merchandise as the coronavirus continued to spread this fall.
Analysts polled by FactSet expected sales of $41.7 billion for the period.
Comparable sales, excluding changes in gasoline prices and adjustments for currency fluctuations, were up 17.1% year over year, the Issaquah, Wash.-based retail chain said.
Comparable sales that included those adjustments for the 12-week quarter were up 17% in the U.S., 16.8% in Canada and 17.7% in other international markets. Ecommerce comparable sales were up more than 86%.
In the four-week period that ended Nov. 29, after Thanksgiving, comparable sales were up 14.6% to $15.67 billion, Costco said.
(END) Dow Jones Newswires
December 02, 2020 16:56 ET (21:56 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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