Costco Wholesale Posts 10.1% Rise In September Sales

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  • Costco Wholesale Corp COST reported a 10.1% increase in net sales for the month of September 2022 to $21.46 billion.
  • Comparable sales climbed 8.5%, with sales in the U.S. rising 11.2% and Canada growing 5.7%.
  • Comparable sales for E-commerce grew 0.7%.
  • The company had earlier reported a 15.2% increase in Q4 sales to $72.09 billion.
  • Price Action: COST shares are trading higher by 0.63% at $483.33 in premarket on the last check Thursday.
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