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Costco Reports Lower Comps as Gas Prices Plummet (COST)

Warehouse retailer Costco Corporation (COST) reported sales and comparables for November and the past 13 weeks on Thursday morning, as this economy continues to prove that even the best fighters will take body shots.
Costco reported total sales for November down 3% (year-over-year) to $5.55 billion, while sales for the 13 weeks ending November 30th rose [...]

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Costco Reports (1%) Comps During October; Retail Numbers to Weaken

While Wal-Mart again sets the bar for steady comps performance this year with a 2.4% rise in same-store-sales, ex-fuel. Costco, meanwhile, reported a 1% drop versus expectations of 3.6%. But if we strip out the spiking U.S. dollar’s effect on the month, the company-wide comps growth at Costco rises to 3%, with 9% international growth.
As [...]

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