(Finance) – Costcoa large US chain of wholesale hypermarkets, registered net sales equal to $ 51.61 billion in the third quarter of fiscal year 2022 (ended May 8, 2022), up 16.3% from $ 44.38 billion in the same period last year. The comparable sales total sales were up by 14.9% (adjusted ones by 10.8%), while comparable sales ofe-ommerce were up by 7.4%.
In the quarter, i gross margins Costco’s were down 99 basis points. The US giant said it was raising prices in some areas of the food sector to fight inflation.
L’Net income was $ 1.353 million, $ 3.04 per share. The market, according to Refinitiv data, expected earnings of $ 3.03 per share on revenues of $ 51.71 billion.