financetom
Business
financetom
/
Business
/
Costco October Net Sales Rise 7.2% to $20 Billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Costco October Net Sales Rise 7.2% to $20 Billion
Nov 9, 2024 11:40 AM

04:38 PM EST, 11/06/2024 (MT Newswires) -- Costco Wholesale ( COST ) late Wednesday reported net sales of $20.03 billion during the four weeks ended Nov. 3, an increase of 7.2% over the same retail month in 2023.

Net sales through the first nine weeks of its current fiscal quarter rose 8% year over year to $44.65 billion, the warehouse retailer said.

The company said October results were negatively affected by a forward pull in sales driven by tropical storms and a strike by port workers the previous month.

Price: 894.00, Change: -5.25, Percent Change: -0.58

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 >
Transdigm Group Insider Sold Shares Worth $47,519,855, According to a Recent SEC Filing
Transdigm Group Insider Sold Shares Worth $47,519,855, According to a Recent SEC Filing
Dec 16, 2024
05:01 PM EST, 12/16/2024 (MT Newswires) -- Robert J Small, Director, on December 12, 2024, sold 38,053 shares in Transdigm Group ( TDG ) for $47,519,855. Following the Form 4 filing with the SEC, Small has control over a total of 744,070 shares of the company, with 15,539 shares held directly and 728,531 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1260221/000091957424007157/xslF345X05/ownership.xml ...
Installed Building Products Acquires Capital Insulation
Installed Building Products Acquires Capital Insulation
Dec 16, 2024
05:07 PM EST, 12/16/2024 (MT Newswires) -- Installed Building Products ( IBP ) acquired Capital Insulation and CBS & Mirror for an undisclosed price. Capital, based in Houston, serves the single-family, multifamily and commercial sectors, focusing on new construction projects, primarily installing fiberglass and spray foam insulation, and adds $12 million to annual revenue, Installed Building Products ( IBP )...
Fortive Discloses Mini-Tender Offer for 1.5 Million Shares; Recommends Shareholders Reject Cash Offer
Fortive Discloses Mini-Tender Offer for 1.5 Million Shares; Recommends Shareholders Reject Cash Offer
Dec 16, 2024
05:03 PM EST, 12/16/2024 (MT Newswires) -- Fortive ( FTV ) disclosed late Monday an unsolicited mini-tender offer by TRC Capital Investment Corp. to purchase for cash up to 1.5 million shares, or about 0.44%, of the outstanding common stock of Fortive ( FTV ) at $75 apiece. The company said the offer represents a 4.93% discount to its closing...
Electrovaya Down 3.8% After Hours as it Plans a Public Share Offering
Electrovaya Down 3.8% After Hours as it Plans a Public Share Offering
Dec 16, 2024
05:02 PM EST, 12/16/2024 (MT Newswires) -- Electrovaya ( ELVA ) were last seen down 3.8% in after-hours Nasdaq trade after the company said it plans a bought-deal share offering. The battery manufacturer did not say how many shares will be on offer or how much it expects to raise. It said the offering will be priced based on market...
Copyright 2023-2026 - www.financetom.com All Rights Reserved