Costco reports 11.6% sales increase in third quarter as gasoline and fresh food drive growth.
Total sales rose 11.6% to $69.15 billion, with comparable-store sales up 9.8% in the quarter. Gasoline comparable-store sales increased more than 20% as U.S. comps rose 9.4%, beating analyst estimates.
1h ago · 4 sources
Coverage
- Costco Q3 gains fueled by gas pricing, fresh foods
Mark Hamstra / supermarket_news · 14h ago
- High gas prices fuel Costco memberships and food sales
Timothy Inklebarger / food_navigator_usa · 17h ago
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