Costco Wholesale Corporation ("Costco") (NASDAQ: COST) reported that net sales for the month of December (five weeks ended January 3, 2010) hit $8.26 billion - an increase of 11% over the same period last year. Same-store sales rose 9%
For the eighteen week period ended January 3, 2010, Costco net sales hit $26.83 billion, an increase of 8% from the same period last year.
The operator of 566 warehouses in the North and Central America, Asia and the United Kingdom, said sales benefited from higher gasoline prices and foreign currency movements. http://www.proactiveinvestors.com/companies/news/3510/costco-net-sales-rise-11-in-december-to-826-billion-3510.html
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