tiprankstipranks
Costco reports October comparable sales up 5.1%
The Fly

Costco reports October comparable sales up 5.1%

Reports October revenue $20.03B. The company said, “October results were negatively affected by a pull forward in sales from the abnormal consumer activity associated with the hurricanes and port strikes in September. The estimated impact on October’s total and comparable sales was a little more than one percent in the U.S. and slightly less than one percent worldwide.”

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App