Costco August Sales Hold at $5.4 Billion
Costco Wholesale Corp. reported net sales of $5.4 billion for August, the four weeks ended Aug. 30, compared to net sales of $5.4 billion in the same four-week period last year.
Net sales for the fiscal 2009 fourth quarter were $21.9 billion, a decrease of 3 percent from $22.6 billion in the 16-week fourth quarter of fiscal 2008 ended Aug. 31, 2008. Net sales for the 52-week fiscal year 2009 were $69.9 billion, a decrease of two percent from $71 billion in the 52-week fiscal year 2008 ended Aug. 31, 2008.
The retailer will release its operating results for the fourth quarter and fiscal year ended Aug. 30 on Oct. 7. Retail sales for the month of September will also be announced on that date.