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Costco Wholesale Corp
COST reported a 10% rise in its July sales at stores open at least a year.
Costco's total sales surged 15% to $6.74 billion. However, analysts were expecting same-store sales to increase 8.6%. Excluding the impact of gasoline prices and foreign exchange, Costco's same-store sales increased 5%.
Costco's shares gained 1.97% to close at $77.08 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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