Costco Wholesale Reports Net Sales Of $19.26B For The Retail Month Of July, Up 7.1% From $17.99B Last Year
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale reported net sales of $19.26 billion for the retail month of July, marking a 7.1% increase from $17.99 billion last year.
August 07, 2024 | 8:19 pm
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Costco Wholesale reported net sales of $19.26 billion for July, a 7.1% increase from $17.99 billion last year. This positive sales growth indicates strong consumer demand and could lead to a short-term increase in Costco's stock price.
The 7.1% increase in net sales for July indicates strong consumer demand and effective business operations. This positive performance is likely to boost investor confidence and lead to a short-term increase in Costco's stock price.
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