Costco June same-store sales rise 6 pct
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Costco Wholesale Corp.  on Thursday reported a 6 percent rise in June sales at stores open at least a year.
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Costco Wholesale Corp.  on  Thursday said July sales rose 7 percent at its stores open at  least a year, helped by demand for fresh food and gasoline.
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Investor's Business Daily - July&#39;s increase was higher than expected and follows a 0.4% June gain, the Commerce Dept. said. Sales rose 1.1% in the month, more than reversing a 0.3% decline in June. The inventory-to-sales ratio, a gauge of how long existing stocks will last at the current sales pace, fell slightly to 1.26 months from 1.27 months. Retail inventories rose 1%. Motor vehicles and parts climbed 2.9%. Both increases were the largest since May &#39;06.
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Retail sales in Germany rose in June, largely as a result of the positive effects on consumer spending of the World Cup soccer championships, data showed.
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U.S. retail sales excluding cars  increased 0.2 percent in June, as falling gasoline prices  curbed overall sales growth, according to data from  SpendingPulse released on Thursday.
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U.S. stocks rallied on Thursday, with the S&P 500 touching a six-year high and the Nasdaq jumping more than 1 percent, after higher-than-expected earnings from companies, including Ciena and Costco, improved the outlook for steady profit growth.
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Costco Wholesale Corp.  on Thursday reported a 7 percent increase in May sales at stores open at least a year as it benefited from strengthening foreign currency and higher gasoline prices.
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Costco Wholesale Corp. COST.O  reported higher-than-expected quarterly profit and a healthy  rise in September sales on Thursday, sending its shares up 2  percent in pre-market trading.
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The S&P 500 stock index touched a six-year high on Thursday as higher-than-expected earnings from investment bank Bear Stearns Co. Inc. , retailer Costco Wholesale Corp.  and other companies improved the outlook for steady profit growth.
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Retailers, including industry leader Wal-Mart Stores Inc. , reported June sales that topped Wall Street's conservative expectations on Thursday, raising hope for the back-to-school shopping season.
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Overnight rate nearly certain to rise to 6.0% after June prices pass expectations.
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Costco Wholesale Corp.  posted a better-than-expected 10 percent rise in quarterly profit on Thursday, helped by a big jump in membership fees, sending its shares up more than 1 percent.
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Stock index futures indicated a  slightly higher market open on Thursday after Costco Wholesale  Corp.  posted stronger-than-expected sales in one of  the first monthly reports from the struggling retail sector.
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U.S. chain store retail sales rose in  the latest week, a report said on Tuesday.
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Costco Wholesale Corp.  on Thursday  reported a 2 percent rise in January sales at its stores open  at least a year, saying sales were hurt as the five-week period  included one day less due to the New Year holiday.
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Costco Wholesale Corp. reported a 5 percent increase in November sales at stores open at least a year.
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The S. & P.âs 500-stock index approached a six-year high as retailers rallied on the first sales increase since July.