Costco September same-store sales rise 6 pct
Oct 4 (Reuters) - U.S. retailer Costco Wholesale Corp posted a better-than-expected 6 percent rise in September sales at stores open at least a year, helped by higher gasoline prices and stronger dollar.
Net sales at Issaquah, Washington-based Costco rose 8 percent to $9.31 billion in the five weeks ended Sept. 30.
Analysts were expecting same-store sales to rise 5.7 percent, including the impact of fuel prices, according to Thomson Reuters data.
Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales were up 5 percent, Costco said.
- Lost airliner was diverted deliberately: Malaysian PM |
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Malaysia PM says lost plane's movements indicate a deliberate act
- UPDATE 2-Satellite data shows missing Malaysia plane may have flown thousands of miles-source
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data