S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

CostCo December Same Store Up 7%

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Costco (NASDAQ: COST) same-store sales rose 7% for the important five week holiday period. The movement was, however, a slowing from the balance of the quarter which rose 9%.

Costco is one of the first large chains to report December, so many of the larger retail company numbers will be compared to it. The big box retailer has been among the most successful companies in its sector for several years.

Revenue for the period also rose.

The company reported

net sales of $10.05 billion for the month of December, the five weeks ended January 1, 2012, an increase of nine percent from $9.19 billion during the similar five-week period last year.

For the first eighteen weeks of its reporting period ended January 1, 2012, the Company reported net sales of $33.18 billion, an increase of eleven percent from $29.78 billion during the similar period last year.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Trey Thoelcke |

Costco Jumps on the Special Dividend Wagon

ThinkstockCostco Wholesale Corp. (NASDAQ: COST) became the most recent company to pay out a special dividend to help its investors…
Douglas A. McIntyre |

Costco Same-Store Sales Up 5% in December

Proving once again that it is the champion of big-box retail, Costco announced U.S. same-store sales in the important month…
Douglas A. McIntyre |

Costco (COST) Numbers A Sign Of Retail Recovery

CostCo’s (NASDAQ:COST) December numbers look like a strong sign that retail sales are recovering, at least in the affluent end of…
Douglas A. McIntyre |

Costco Takes On Water In June

Costco’s (NASDAQ: COST) results for June showed that one of the most successful retailers in the United States stumbled. Costco…
Costco E-Commerce Gains Shine Through in Its Earnings
Jon C. Ogg |

Costco E-Commerce Gains Shine Through in Its Earnings

Costco has released its earnings results for fiscal year 2020 and data on its February sales. However, the retailer did…
Douglas A. McIntyre |

What’s Important in the Financial World (11/28/2012)

thinkstockAutonomy Founder Fights Back Autonomy founder Mike Lynch has decided again to attack the Hewlett-Packard Co. (NYSE: HPQ) accusation that…
Paul Ausick |

January Retail Sales: Some Winners, Some Stragglers (COST, WTSLA, LTD, TGT, BKE, SMRT, M, GPS)

ThinkstockRetailers are announcing January same-store sales figures today. Research firm Retail Metrics projects an overall gain of 2.8% year-over-year, compared…
Costco’s Comeback: Why Betting Against This Retail Giant Is a Losing Game
Rich Duprey |

Costco’s Comeback: Why Betting Against This Retail Giant Is a Losing Game

Costco (NASDAQ:COST | COST Price Prediction) had a tough 2025, with its stock declining 6% while the S&P 500 gained…
Do Costco December Sales Signal a Return to Highs?
Chris Lange |

Do Costco December Sales Signal a Return to Highs?

Costco Wholesale has reported its sales results for the month of December.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618