(RTTNews) - Costco Wholesale Corp. (COST) reported that its total comparable sales for the retail month of September, covering the five weeks ended October 6, 2024, increased by 6.7%. U.S. comparable sales rose by 6.5%, Canada comparable sales grew by 5.7%, and Other International comparable sales were up by 8.5%. E-commerce comparable sales surged by 22.9%.
Total comparable sales, excluding the impacts from changes in gasoline prices and foreign exchange, for the month were 8.9%.
Monthly net sales were $24.62 billion, an increase of 9.0 percent from $22.59 billion last year.
This year's total and comparable sales for the retail month of September benefitted by approximately two percent in the U.S. and one and one-half percent worldwide as a result of the increased sales in the final week of the month due to abnormal consumer activity associated with Hurricane Helene and port strikes, the company said.
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