Home / Knowledge / News / Costco international comparable sales rise in August
Costco international comparable sales rise in August
03
Sep '08
Costco Wholesale Corporation (Costco) reported net sales of $5.41 billion for the month of August, the four weeks ended August 31, 2008, an increase of 12 percent from $4.84 billion in the same four-week period last year.

Net sales for the fiscal 2008 fourth quarter, the sixteen weeks ended August 31, 2008, were $22.60 billion, an increase of 12 percent from $20.09 billion in the sixteen-week fourth quarter of fiscal 2007 ended September 2, 2007.

Net sales for the 52-week fiscal year 2008 were $70.95 billion, an increase of 12 percent from $63.09 billion in the 52-week fiscal year 2007 ended September 2, 2007.

Comparable sales for the four-week retail-reporting month of August, the 16-week fiscal fourth quarter and the 52-week fiscal year 2008 are as follows:

• 4 Weeks:
US: 9%
International: 6%
Total Company: 9%

• 16 Weeks:
US: 9%
International: 11%
Total Company: 9%

• 52 Weeks:
US: 6%
International: 15%
Total Company: 8%

The four-week U.S. comparable sales figure includes, among other things, the effect of gasoline price inflation, with the average sales price per gallon of gasoline up 40 percent, as compared to the year-earlier August.

Excluding gasoline price inflation, U.S. comparable sales would have been up 6 percent. In addition, foreign exchange rates negatively impacted international comparable sales results. On a local currency basis, international comparable sales increased 8 percent in August.

Costco Wholesale Corporation

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search