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Costco July Sales Climb

By Home Furnishings Business in Financial Reports on August 5, 2010 Costco Wholesale Corp. (NASDAQ: COST) reported net sales of $5.86 billion for the month of July, an 8 percent increase from $5.42 billion posted in the same four-week period last year.

For the 48 weeks ended Aug. 1, the retailer reported net sales of $70.37 billion, an increase of 9 percent from $64.44 billion during the same period last year.

Same-store sales for the month increased 6 percent, and for the 48-week period they climbed 7 percent.

The company has posted the entire release online.


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