• Costco announced that its December sales were up 10 percent to $7.55 billion, with total same-store sales up seven percent. Quarterly sales were up 11 percent to $24.53 billion, with same-store sales up eight percent.
• Wal-Mart de Mexico, commonly known as Walmex, said yesterday that its annual sales in the just-completed fiscal year were up nine percent to the equivalent of $20.57 billion (US). Same-store sales were up 1.8 percent.
• PriceSmart, operator of warehouse clubs in Central America and the Caribbean, reported that its first quarter net income was up 63 percent to $6.7 million, from $4.1 million during the same period a year ago. Q1 sales were up 24 percent to $250.4 million with same-store sales up 21.6 percent.
• Wal-Mart de Mexico, commonly known as Walmex, said yesterday that its annual sales in the just-completed fiscal year were up nine percent to the equivalent of $20.57 billion (US). Same-store sales were up 1.8 percent.
• PriceSmart, operator of warehouse clubs in Central America and the Caribbean, reported that its first quarter net income was up 63 percent to $6.7 million, from $4.1 million during the same period a year ago. Q1 sales were up 24 percent to $250.4 million with same-store sales up 21.6 percent.
- KC's View:
