Costco's January Sales Results


Sponsored Message
Learn More

Thu. February 7th, 2013

<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Issaquah, WA-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By ANUK Staff<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">2.8.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><img src="https://cdn.andnowuknow.com/legacyWriterImages/costco-cropped-image-2.jpg" alt="Costco January Sales Images" />Costco Wholesale Corporation has reported its January sales results.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Net sales for the month of January, the five weeks ending February 3, 2013, increased by seven percent from $8.74 billion during the similar period last year to $9.35 billion. This year’s period was a day short of last year’s, due to the timing of the New Year’s holiday, which negatively impacted total and comparable sales by roughly 2%, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The company reported an increase of nine percent in net sales for the first twenty-two weeks of its fiscal year ending Feb. 3. 2013, from $40.18 billion last year to $43.77 billion.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Changes in gasoline prices had a slightly negative impact for the five week period and a slightly positive impact for the 22-week period. Stronger foreign currencies also had a positive impact for both periods.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">On March 12, 2013, the company plans to report its operating results for the second quarter and first half of fiscal year 2013, ending February 17, 2013. A conference call to discuss these results is scheduled for 8:00 a.m. (PT) that day and will be available via web-cast on www.costco.com (click on Investor Relations and "Play webcast"). Also, the company plans to announce its sales results for the four-week month of February on March 7, 2013.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.costco.com/" target="_new">Costco</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">