Costco Wholesale May Net Sales $19.64B, Up 8.1% YoY
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale reported net sales of $19.64 billion for May, marking an 8.1% year-over-year increase.
June 05, 2024 | 8:16 pm
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Costco Wholesale reported net sales of $19.64 billion for May, representing an 8.1% increase compared to the same period last year. This positive sales growth indicates strong consumer demand and effective business operations.
The 8.1% year-over-year increase in net sales for May suggests robust performance and strong consumer demand, which is likely to positively impact Costco's stock price in the short term.
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IMPORTANCE 90
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