Costco stock bounces off 6-month low after upbeat December sales

Shares of Costco Wholesale Corp.

bounced 2.2% off a 6 1/2-month low in premarket trading Friday, after the membership-based warehouse retailer reported upbeat December sales. The company reported late Thursday net sales of $23.80 billion for the month of December, up 7.0% from the same period a year ago. For the five weeks to Jan. 1, comparable-store sales excluding gasoline sales and currency impacts rose 7.3% from a year ago. That compares with a 5.

bounced 2.2% off a 6 1/2-month low in premarket trading Friday, after the membership-based warehouse retailer reported upbeat December sales. The company reported late Thursday net sales of $23.80 billion for the month of December, up 7.0% from the same period a year ago. For the five weeks to Jan. 1, comparable-store sales excluding gasoline sales and currency impacts rose 7.3% from a year ago. That compares with a 5.

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