Costco Wholesale August Comps. And Net Sales Down - Quick Facts

(RTTNews) - Costco Wholesale Corp. (COST) reported that its comparable sales for the month of August 2015 were down 2%, with a 1 percent rise in U.S., an 11 percent drop in international comparable sales.

Monthly total Comparable sales, excluding the negative impacts from gasoline price deflation and foreign exchange, were up 5 percent, with a 5 percent rise in U.S., a 7 percent increase in international comparable sales.

Monthly net sales were $8.7 billion, a decrease of one percent from $8.8 billion last year.

For the 16-week fourth quarter, the Company reported net sales of $35.0 billion, an increase of one percent from $34.8 billion in the fourth quarter last year, which ended August 31, 2014.

Total Comparable sales for the quarter were down 1%, while total Comparable sales, excluding the items, increased 6%.

For the 52-week fiscal year ended August 30, 2015, the Company reported net sales of $113.7 billion, an increase of three percent from the $110.2 billion reported last year.

Total Comparable sales for the year were up 1%, while total comparable sales, excluding the items, rose 7%.