The market has its jitters, but Motley Fool Stock Advisor selection Costco
For the month, the wholesale retailer saw its same-store sales increase 7%, with 6% of the increase coming from U.S. stores and 10% coming from international locations.
The 7% gain surpassed the 1.5% gain posted by BJ's Wholesale Club
For Costco, the strongest regions domestically were the Midwest, Texas, the Northeast, and its home in the Northwest. Internationally, Korea and Taiwan were the country's strongest markets on a local-currency basis. Overall same-store sales received a 1.5% boost from currency gains, because the Canadian dollar and British pound strengthened considerably compared to last year.
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Nathan Parmelee owns shares of Costco, but has no financial interest in any of the other companies mentioned. The Motley Fool has an ironclad disclosure policy. Wal-Mart is a Motley Fool Inside Value selection.
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