COST - Costco Stock Is Rising — Along With Its Membership Fees: What's Going On? | Benzinga
Costco Wholesale Corporation (NASDAQ:COST) shares are trading higher in Wednesday’s after-hours session after the company reported sales results for June and announced a membership fee increase.
What Happened: After the market closed on Wednesday, Costco reported net sales of $24.48 billion for the retail month of June, up 7.4% on a year-over-year basis. Net sales for the first 44 weeks of the year came in at $210.55 billion, up 6.9% on a year-over-year basis.
Total comparable sales were ...