Costco posts Q3 earnings beat, US same-store sales jump 6%

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Costco Nouvelles

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Costco's (COST) fiscal third-quarter earnings beat may not be enough to excite the stock this morning as shares dip into the red. The big-box retailer...

) fiscal third-quarter earnings beat may not be enough to excite the stock this morning as shares dip into the red. The big-box retailerThe company did see same store sales in the US rise.Yahoo Finance's Brooke Dipalma joins us with the breakdown.Absolutely.

We saw the same source sales here in the US jump 6% and that was led by an increase in foot traffic some more frequent visits to the stores as well as an increase in the average transaction.We also saw an increase in seam source sales in both Canada as well as their international business. Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

 

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