Costco's eCommerce growth boosts December sales
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Costco Wholesale Corporation reported a 9.9% increase in net sales for December, driven by strong eCommerce growth and holiday shopping activities.
January 09, 2025 | 3:30 pm
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Costco reported a 9.9% increase in net sales for December, driven by strong eCommerce growth and holiday shopping activities.
The reported 9.9% increase in net sales for December is a positive indicator for Costco's financial performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100