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Costco’s sales grow 8.8% in July
ISSAQUAH, Wash. — Costco Wholesale Corp. turned in a winning performance in July, fueled by strong traffic trends.
The company reported that its net sales in July rose 8.8% to $9.41 billion, compared with $8.65 billion during the similar period last year. Total company same-store sales rose 6.2%, with a 6.0% increase in the United States. Excluding the impacts from changes in gasoline prices and foreign exchange, total same-store sales rose 5.3%, and 5.5% in the U.S.