Costco June net sales rise marginally, comparable sales slip
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Discount retailer Costco (NASDAQ:COST) on Thursday reported a Y/Y rise in net sales for the retail month of June, though total company comparable sales fell.
June net sales of $22.86B increased 0.4% from $22.78B a year ago.
Total company comparable sales for June slipped 1.4%. However, excluding the impact of gasoline prices and foreign exchange, total company comparable sales rose 3%.

U.S. comparable sales for June came in at -2.5%, but rose 2% excluding gasoline prices and foreign exchange.
"For the forty-four weeks ended July 2, 2023, the Company reported net sales of $196.93B, an increase of 4.6% from $188.34B during the similar period last year," COST said in a statement.
Costco (COST) stock earlier closed -0.7% at $537.37.