Costco (COST) Posts Decent Comparable Sales Growth in April
Costco(COST) Zacks Investment Research·2024-05-10 14:36
Costco Wholesale Corporation (COST) continues to excel due to its strategic growth initiatives, effective pricing strategies and steady membership trends. These factors have propelled the company's performance, leading to decent sales figures.Sales Performance OverviewIn April, Costco reported an increase in comparable sales, with 5.6% growth during the four-week period ended May 5, 2024. This follows consecutive increases of 7.7% and 5% in March and February, respectively. Comparable sales in the United St ...