Costco Stock Is Climbing After The Bell: Here's Why

Benzinga

Costco shares climbed 2% after reporting $26.6B in September sales, up 8% year-over-year. Comparable sales rose globally, led by 8.5% international growth, as the retailer continues expanding its 914-store footprint.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Costco shares rose nearly 2% in after-hours trading on Wednesday after reporting September

00:06net sales of $26.58 billion, up 8% year-over-year.

00:10Parable sales rose 5.7% year-over-year in September, with gains of 5.1% in the U.S.,

00:166.3% in Canada, and 8.5% internationally.

00:20The company noted last year's figures were boosted by abnormal consumer activity for

00:23Hurricane Alene and port strikes.

00:25Costco operates 914 warehouses worldwide, including $629 in the U.S.

00:30Shares traded at $932, according to Benzinga Pro.

00:34For all things money, visit Benzinga.com.

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