Costco International Dec. Sales Jump 25% - TheStreet

Updated from 3:17 a.m. EST



) --

Costco Wholesale

(COST) - Get Report

said same-store sales in December rose 9%, while international same sales gained 25%.

Analysts surveyed by Thomson Reuters expected Costco to post a same-store sales increase in December of 7.9%.

Costco, the warehouse retailer, said total sales for the five weeks ended Jan. 3 rose 11% to $8.26 billion.

In December, Costco's U.S. same-store sales rose 5%.

Costco said it benefited in the month from higher gas prices and stronger foreign currencies.

Excluding these factors, December same-store sales in the U.S. rose 2%, and international same sales gained 10%.

-- Reported by Joseph Woelfel in New York.

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