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Costco said U.S. comparable sales, excluding gasoline and foreign exchange, rose 8% in September after slower summer growth. E-commerce sales increased 19%, while the company also cited a later Labor Day and stronger store traffic.
Costco said U.S. comparable sales excluding gasoline price and foreign-exchange impacts rose 8% in September, up from 5% a year ago.
Costco’s August net sales rose 9.9% to $23.70 billion. Comparable sales increased 8.4% and digitally enabled sales grew 17.9%, with gas price inflation and select regional/category strength contributing.