Analysts surveyed by Thomson Reuters expected Costco to report a same-store sales increase of 4.2%.
Costco, in a statement Thursday, said U.S. same-store sales in August increased 6% and international sales jumped 11%.
Excluding gasoline and foreign exchange, August same-store sales rose 5%; analysts had forecast a rise of 3.6% on this basis.Costco said fourth-quarter net sales rose 8% to $23.6 billion while same-store sales rose 6%. Fiscal-year net sales gained 9% to $76.3 billion and same-store sales were 7% higher. -- Written by Joseph Woelfel
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