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Costco Wholesale Corp.’s sales continued to rise in November, but at a slightly lower pace than in the two previous months.
The retailer reported net sales of $15.67 billion for November (the four weeks ended Nov. 29) up 15.1% from last year. For the 12-week first quarter ended Nov. 22, net sales rose 16.9% to $42.35 billion.
The November revenue increase comes on the heels of a 16% year-over-year sales rise in October, and a 17% increase in September.
Source: Chain Storeage
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