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COSTCO WHOLESALE CORPORATION

(COST)
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Costco Wholesale's May Sales Rise

06/03/2021 | 02:40pm EDT

By Allison Prang

Sales at Costco Wholesale Corp. in the May retail month rose, the company reported Thursday.

The company said comparable sales for the four-week period rose 22.8%. Out of the company's U.S., Canada and other international segments, Canada saw the biggest year-over-year growth at 28.8%. The company said comparable e-commerce sales rose 12.1%.

Costco reported that comparable sales, not including gas price change impacts or foreign exchange effects, increased 14.7%. A 16.7% increase in the U.S. segment drove that rise, while those sales for Canada and the company's other international segment rose under 10%. Comparable e-commerce sales, when not including those impacts, rose 8.7%, Costco said.

Net sales at the company for the May retail month were $15.59 billion, Costco said. They rose around 24.2% year over year.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

06-03-21 1640ET

Stocks mentioned in the article
ChangeLast1st jan.
COSTCO WHOLESALE CORPORATION 0.93% 425.335 Delayed Quote.12.06%
DJ INDUSTRIAL 0.59% 35135.57 Delayed Quote.14.55%
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Financials (USD)
Sales 2021 192 B - -
Net income 2021 4 810 M - -
Net cash 2021 2 686 M - -
P/E ratio 2021 39,0x
Yield 2021 1,29%
Capitalization 187 B 187 B -
EV / Sales 2021 0,96x
EV / Sales 2022 0,88x
Nbr of Employees 214 500
Free-Float 99,8%
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Technical analysis trends COSTCO WHOLESALE CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 34
Last Close Price 422,22 $
Average target price 411,68 $
Spread / Average Target -2,50%
EPS Revisions
Managers and Directors
Walter Craig Jelinek President, Chief Executive Officer & Director
Richard A. Galanti Chief Financial Officer, Director & Executive VP
Hamilton Evans James Non-Executive Chairman
Paul G. Moulton Chief Information Officer & Executive VP
James Patrick Murphy Chief Operating Officer-International & EVP
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