Costco Wholesale Reports Net Sales Of $24.62B For The Retail Month Of September, Up 9.0% From $22.59B Last Year
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale reported net sales of $24.62 billion for September, marking a 9.0% increase from $22.59 billion in the same month last year.
October 09, 2024 | 8:16 pm
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Costco Wholesale's net sales for September increased by 9.0% year-over-year, reaching $24.62 billion. This growth indicates strong consumer demand and could positively impact Costco's stock price in the short term.
The 9% increase in net sales suggests strong performance and consumer demand, which is likely to boost investor confidence and positively impact Costco's stock price. The significant year-over-year growth is a positive indicator for the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100