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Barchart
Barchart
Ian Cooper

Costco Delivers Another Strong Sales Report. Buy COST Stock Now for More Upside Ahead.

Costco Wholesale just reported June net sales of $29.24 billion, an impressive 10.6% year-over-year (YOY) increase for the five-week retail period ended July 5. Even better, the company said comparable sales for June jumped 8.8%. All of this included a 10% gain in the United States, a 3.7% jump in Canada, and a 4.7% increase in its international markets. In addition, e-commerce comparable sales were up nearly 21% for June.

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