XLP - What's Going On With Costco Shares Today? | Benzinga
Costco Wholesale Corporation (NASDAQ:COST) shares are trading flat today. Last week, the company disclosed net sales of $19.64 billion for the retail month of May, up 8.1% Y/Y.
In May, comparable total sales rose by 6.4%, and comparable e-commerce sales grew by 15.3%. The company reported net sales of $186.07 billion (up 6.9% Y/Y), with comparable sales of 5.4% for the first 39 weeks of FY24.
Also, comparable sales (excluding the impacts from changes in gasoline prices and foreign exchange) rose 6.5% in May and 5.5% for the 39 weeks.
In another development, CNBC reported on Friday that General Motors Company (NYSE: