$COST Reports a 9% Jump in December Same Store Sales

“Jan 3 (Reuters) – U.S. retailer Costco Wholesale Corp has posted a better-than-expected 9 percent rise in December sales at stores open at least a year, mainly helped by an additional sales day in the reporting period.

“This year’s December retail month had one additional day compared to last year … As a result, December total and comparable sales results benefited by approximately 2 percent,” said David Sherwood, director offinance and investor relations.

Costco’s January sales period will include 34 selling days, as opposed to 35 days last year, he also said on Thursday….”

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