Costco has reported financial results for June, highlighted by increased sales.
For the five weeks ended July 7, sales increased by 8 percent from $9.16 billion to $9.92 billion. For the forty-four weeks ended July 7, 2013, the Company reported net sales rose 8% from $80.46 billion to $87.05 billion.
Comparable sales for June rose 6%. Gasoline prices had a slightly positive impact on the metric, a key growth identifier for retailers that measures sales at stores open longer than a year. Foreign exchange rates weighed negatively.
