Costco December Comps Rise 3% - Quick Facts

(RTTNews) - Membership warehouses operator Costco Wholesale Corp. (COST) reported Thursday that its net sales and comparable sales for the month of December increased from last year.

Net sales for the month grew 6 percent to $11.53 billion from $10.87 billion a year ago.

Comparable sales for the five-week period increased 3 percent, with U.S sales growth of 5 percent and international sales growth of 1 percent.

Comparable sales, excluding negative impacts from gasoline price deflation and foreign exchange, improved 5 percent, with a 5 percent increase in U.S sales and a 7 percent growth in international region.

For the eighteen weeks ended January 5, the company reported net sales of $38.33 billion, an increase of 6 percent from $36.26 billion last year.

Comparable sales increased 3 percent, with U.S sales growth of 4 percent and international sales growth of 1 percent. Comparable sales, excluding negative impacts from gasoline price deflation and foreign exchange, improved 5 percent, with a 4 percent increase in U.S sales and a 7 percent growth in international region.