Costco (COST) Wholesale reported net sales of $26.58B for the retail month of September, the five weeks ended October 5, an increase of 8.0% from $24.62B last year. Comparable sales were up 5.1% in the U.S., up 6.3% in Canada, up 8.5% for other international and up 5.7% on a total company basis. Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were up 5.0% in the U.S. and up 6.0% on a total company basis. “Last year’s total and comparable sales benefitted by approximately two percent in the U.S. and one and one-half percent worldwide as a result of the increased sales due to abnormal consumer activity associated with Hurricane Helene and port strikes,” the company stated.
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