Costco Wholesale beats quarterly sales estimates

Costco Wholesale

Costco Wholesale

COST

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May 28 (Reuters) - Costco Wholesale COST.O topped market expectations for third-quarter U.S. same store sales on Thursday, helped by demand for food and other essentials at its membership-only stores.

The company's quarterly U.S. comparable sales, excluding gas, rose 6.8%, compared with analysts' average estimate of a 6.13% increase, according to data compiled by LSEG.


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