Home / Knowledge / News / Costco international comparable sales rise in August
Costco international comparable sales rise in August
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

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Lynda Kelly
Suominen Corporation

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search