financetom
Business
financetom
/
Business
/
Costco December Sales Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Costco December Sales Rise
Jan 8, 2025 2:03 PM

04:38 PM EST, 01/08/2025 (MT Newswires) -- Costco Wholesale ( COST ) reported Wednesday net sales of $27.52 billion for the five weeks ended Jan. 5, up 9.9% from the same period last year.

December e-commerce sales were "positively impacted by an estimated 15 percentage points, due to Thanksgiving/Black Friday/Cyber Monday occurring a week later this year versus last year," the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Canada's GDP Stalls in June, Seen Flat Also in July
Canada's GDP Stalls in June, Seen Flat Also in July
Aug 31, 2024
08:53 AM EDT, 08/30/2024 (MT Newswires) -- Canadian real gross domestic product was essentially unchanged in June, following a 0.1% m/m increase in May as goods-producing industries (-0.4%) saw their largest decrease since December 2023 with declines in manufacturing and construction partially offset by increases in utilities and agriculture, said the country's statistical agency on Friday. Services-producing industries (+0.1%) increased...
NuCana Stock Plunges On Colorectal Combo Therapy Trial Setback, Ends Mid-Stage Study After Disappointing Data
NuCana Stock Plunges On Colorectal Combo Therapy Trial Setback, Ends Mid-Stage Study After Disappointing Data
Aug 31, 2024
Thursday, NuCana plc ( NCNA )  announced that the NuTide:323 study is being discontinued following a pre-planned initial analysis and recommendation from the NuTide:323 Study Steering Committee. While there were prognostic imbalances favoring the control arm, the Steering Committee believed that the combination of NUC-3373 with leucovorin, irinotecan, and bevacizumab (NUFIRI+bev) was unlikely to achieve the study’s primary objective of...
GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
Aug 31, 2024
(Reuters) - Lithium Americas said on Friday automaker General Motors has delayed the second tranche of investment, worth $330 million, in the miner until the end of the year. GM had announced an investment of $650 million, in two tranches, in Lithium Americas last year to help it develop the Thacker Pass lithium mining project in Nevada, which holds enough...
Odd Burger's Fiscal Q3 Net Loss Narrows After Posting Highest Quarterly Revenue This Year
Odd Burger's Fiscal Q3 Net Loss Narrows After Posting Highest Quarterly Revenue This Year
Aug 31, 2024
08:24 AM EDT, 08/30/2024 (MT Newswires) -- Odd Burger ( ODDAF ) said Friday that its net and comprehensive loss narrowed in its fiscal third quarter as it booked as it booked its highest quarterly revenue this year. The franchised vegan fast-food restaurant chain posted a net and comprehensive loss of $120,467, or a loss of $0.001 per share, trimming...
Copyright 2023-2025 - www.financetom.com All Rights Reserved