Costco August sales rise 12% to $11 billion
Shares of Costco Wholesale Corp. rose nearly 1% in the extended session Thursday after the retailer said its August net sales reached $11 billion, up 12% from $9.8 billion last year. Fourth-quarter sales rose 5% to $43 billion, the company said. For the fiscal year ended Sept. 2, Costco said net sales topped $138 billion, an increase of 9.7% from the $126 billion in fiscal 2017. Shares of Costco ended the regular session up 0.5%.
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