Costco reports total company April SSS up 5% Costco reported net sales of $8.56B for the month of April, the four weeks ended May 4, an increase of seven percent from $7.98B during the similar four-week period last year. This year's four-week period included 27 days of sales compared to 28 last year, reflecting the timing of Easter. This calendar shift negatively impacted this year's net and comparable sales by an estimated one and 0.5%-2%. Reports April SSS ex-gas price impact up 5%.
News For COST From The Last 14 Days
Check below for free stories on COST the last two weeks.
Costco selling Apple products again, says Jefferies Jefferies says that starting in late June, Costco (COST) began selling Apple (AAPL) products in stores and online again, after not carrying the brand since 2010. The firm thinks the move will help Costco's weaker performing Consumer Electronics category. Jefferies expects Costco to report a June comp store sales increase of 5%-6% and keeps a Hold rating on the stock.