Costco reported net sales of $5.61 billion for the four weeks ended Feb. 28, 2010, an increase of 11% from $5.06 billion in the same four-week period of the prior fiscal year. Comparable-store sales in the U.S. rose 5%.
For the six-month retail reporting period of September through February, the twenty-six weeks ended February 28, 2010, which includes the first two weeks of the Company’s fiscal third quarter, the Company reported net sales of $38.06 billion, an increase of eight percent from $35.08 billion during the comparable period of the prior fiscal year.
Comparable sales for the 4-week retail-reporting month of February and the 26-week retail-reporting period of September through February were as follows:
4 Weeks 26 Weeks --------- ---------U.S. 5% 3%International 26% 19%Total 9% 6% ========= =========
Comparable sales for the 4-week and 26-week periods, excluding the positive impacts from gasoline inflation and strengthening of foreign currencies (primarily in Canada, the United Kingdom and Korea), were as follows:
4 Weeks 26 Weeks --------- ---------U.S. 2% 2%International 10% 9%Total 4% 3%