ISSAQUAH, Wash. ( TheStreet) -- Costco Wholesale (COST - Get Report) said same-store sales in its warehouse clubs rose greater than expectations in October, boosted by higher gas prices and strengthening foreign currencies.Costco said that comparable sales across the company were up 6% in October, with a 4% increase in the U.S. and a 14% jump in international markets. Analysts were expecting a 4.6% rise, according to data collected by Thomson Reuters.
Costco October Same-Store Sales Rise 6%
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.