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Costco key sales metric flat in Jan., misses Street’s view – The Daily Astorian

Costco sales at stores open at least a year flat in January, miss analysts’ expectations

ISSAQUAH, Wash. (AP) — Sales at comparable Costco stores were flat in January though industry analysts were expecting a slight uptick.

Analysts polled by Thomson Reuters predicted a 1.2 percent rise in sales at stores open at least a year.

Sales from stores open at least a year are a key indicator of a retailer’s health because it excludes volatility from recently opened or closed locations.

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