Costco once again shows why it is the best-run retailer on the planet
Costco (COST) posted another strong monthly sales result for June — a sign the big box retailer is continuing to outperform and steal market share while many of its peers struggle in a difficult economic environment.
Net sales for the month jumped a solid 20.4% year over year to $22.78 billion, according to data released by Costco Thursday. Even more impressive, however, was the retailer’s same-store sales, which increased 18.1% in June and topped Wall Street estimates of 14.1%.
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A reminder, Costco’s reporting structure is unlike most public companies. It reports its sales results every month in addition to its regularly scheduled quarterly earnings reports.
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https://www.cnbc.com/2022/07/08/costco-once-again-shows-why-…