Costco Wholesale July comparable sales up 10%
Costco Wholesale (NASDAQ:COST) on Wednesday reported July comparable sales growth ofÂ 10%, with net sales up 10.8% atÂ $16.85B.
Total comparable sales excluding impacts from changes in gasoline prices and forex grew 7%.
E-commerce comparable sales increased 10.2%, and excluding impact from gas prices and forex, grew 11.5%.
July had 1 shopping day less than last year in the U.S.Â due to Independence Day.
This negatively impacted COST's total and comparable sales by ~2.5%, and its U.S. total and comparable sales by ~3.5%.