Costco’s Same Store Sales Up 11% in October

Issaquah, WA, WA, November 4--Costco Wholesale reported a 7 percent increase in October sales at U.S. stores open at least a year, in line with analysts' expectations. The discount retailer said total sales in the four weeks ended Oct. 31 rose 11 percent to $3.79 billion. Analysts polled by Reuters had, on average, expected Costco to post U.S. same-store sales of 7 percent.