Costco Wholesale Corporation reported net sales of $6.80 billion for the month of April, the four weeks ended May 1, 2011, an increase of 17 percent from $5.83 billion during the similar period last year. Excluding the effects of rising gas prices and favorable exchange rates comp store sales rose 6 percent in the United States during the four week period.
For the 35 weeks of its reporting period ended May 1, 2011, the company reported net sales of $57.6 billion, an increase of 13 percent from $51.0 billion during the similar period last year; excluding Mexico sales, the increase would have been 10 percent.
Comparable sales for the four-week and thirty-five-week periods ended May 1, 2011, including Mexico operations for last year and this year, were as follows:
4 Weeks 35 Weeks
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U.S. 11% 6%
International 16% 14%
Total Company 12% 8%
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U.S. 6% 4%
International 10% 9%
Total Company 7% 5%
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