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Costco October sales up 9%
ISSAQUAH, Wash. — Costco's sales for October rose 9% to $7.67 billion from $7.01 billion during the similar period last year.
Total comps for the month increased 7%, consisting of a 7% increase in the United States, and a 9% increase internationally. Excluding the impact of fuel, U.S., international and total same-store sales increased by 5% each.
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TJX shines among discounters in October
New York -- The TJX Cos. turned in the strongest performance among the discounters in October, reporting a 7% comp sales increase on Thursday.
According to TJX CEO Carol Meyrowitz, the above-plan performance has prompted the retailer to raise its outlook for the third quarter and full year. “We believe the momentum we are seeing in all of our businesses … bode well for the holiday selling season,” she said.
TJX sales for the period advanced 11% to $2.1 billion.