Membership warehouses operator Costco Wholesale Corp. (COST) reported a 5 percent growth in May 2013 comparable sales, with monthly net sales increasing 7 percent to $8.13 billion, from the prior year's $7.57 billion.
The company said that changes in gasoline prices and foreign exchange rates had negative impacts on comparable sales for the four-week period. Excluding these effects, comparable sales for the month were up 6%.
For the thirty-nine weeks ended June 2, 2013, the company reported net sales of $77.13 billion, an increase of eight percent from $71.28 billion during the similar period last year. Comparable sales for the period were up 6%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.