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Costco: March same-store sales up 5.9%

(CercleFinance.com) - Costco Wholesale Corporation posted a 5.
9% rise in March sales at stores open for at least a year, helped by higher sales in Canada and at its international business.

The largest US warehouse club company - which operates 770 stores worldwide - recorded 6.7% comparable sales growth in Canada and 7.9% at its international segment last month.

For the five weeks ended 7 April, net sales at the Issaquah, Washington-based retailer rose 7.4% to 13.9 billion dollars, thanks to one extra shopping day versus last year, due to the calendar shift of the Easter weekend.

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