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Friday, December 3, 2021

At a Glance: Costco’s sales trends

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Costco Wholesale Corp. reported Thursday that its profit grew sharply in the third quarter as revenue from both sales and memberships grew.

When it comes to sales trends, most investors and retailers look at one key measure _ changes in sales at stores open at least a year because it strips away the impact of new or recently closed stores.

Here is a glance at these key measures for the company.

Sales at stores open at least a year in the third quarter

U.S.: Up 6 percent

International: Up 26 percent

Total: Up 10 percent.

Sales at stores open at least a year in the third quarter, excluding the positive effects from gasoline and foreign currency exchange

U.S.: Up 3 percent

International: Up 8 percent

Total: Up 4 percent

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