Costco Wholesale November Comps, Sales Rise - Quick Facts

(RTTNews) - Membership warehouses operator Costco Wholesale Corp. (COST) reported a 2 percent growth in November 2013 comparable sales. Net sales for the month of November, the four weeks ended December 1, 2013 were $8.78 billion, an increase of five percent from $8.40 billion during the similar four-week period last year.

Comparable sales for the month were up 2% in the U.S., and a 1% growth in the International segment.

Excluding negative impacts from gasoline price deflation and foreign exchange, total Comparable sales for the latest-month were up 4%. Excluding the items, Comparable sales for the month were up 3% in the U.S., and a 6% growth in the International segment.

For the twelve-week first quarter ended November 24, 2013, the Company reported net sales of $24.47 billion, an increase of five percent compared to $23.20 billion in the twelve-week first quarter of fiscal year 2013 ended November 25, 2012. Total comparable sales for the latest-period were up 3%. Excluding certain effects, comparable sales increased by 5%.

For the thirteen weeks ended December 1, 2013, the Company reported net sales of $26.80 billion, an increase of six percent from $25.40 billion during the similar period last year.

The company said it plans to release its operating results for the first quarter of fiscal 2014 ended November 24, 2013, on December 11, 2013.