U.S. same-store sales also rose 7% last month and 6% for the quarter, which ended Aug. 31. Excluding gas and foreign exchange, Costco's same store sales rose 8% in August and 7% for the quarter. Total net sales for the month jumped 10% from last year to $8.8 billion.
Costco also reported net sales of $110.2 billion for its fiscal year, which also ended on Aug. 31, an increase of 7% year over year and in line with consensus estimates. The Issaquah, Wash.-based company reports fourth quarter earnings on Oct. 9.
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