Costco Wholesale Corporation reported net sales of $9.13 billion for the month of March, the five weeks ended April 1, an increase of 10 percent from $8.33 billion during the similar period last year.
For the first 31 weeks of its reporting period ended April 1, 2012, the company reported net sales of $56.3 billion, an increase of 11 percent from $50.8 billion during the similar period last year.
Comparable sales for these periods were as follows:
5 Weeks 31 Weeks
——— ———
U.S. 6% 8%
International 7% 9%
Total Company 6% 8%
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Inflation in gasoline prices had a positive impact on comparable sales, particularly for the 31-week period; foreign currencies had a negative impact for both periods. Excluding these effects, comparable sales for these periods were as follows:
5 Weeks 31 Weeks
——— ———
U.S. 5% 6%
International 9% 10%
Total Company 6% 7%
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——— ———
U.S. 5% 6%
International 9% 10%
Total Company 6% 7%
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