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Costco sees steady growth in sales, comps in September

Issaquah, Wash. - Costco Wholesale Corp. reported mid single-digit increases in sales and comp for the month of September.

For the five-week period, ended Oct. 6, the club reported a 6% net sales increase to $9.86 billion from last year's $9.33 billion.

Comparable sales for the five-week period, excluding negative impacts from gasoline price deflation and foreign exchange, were up 5% in the U.S., 6% internationally, and 5% for the total company.

In other news, Costco said it plans to open up to 11 new warehouse club sites before yearend.


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