Costco (COST +1%) is getting a nice bounce premarket after reporting a 9% rise in same-store...

|About: Costco Wholesale Corpora... (COST)|By:, SA News Editor

Costco (COST +1%) is getting a nice bounce premarket after reporting a 9% rise in same-store sales vs. expectations of +6.3%. Excluding fluctuations in currencies and gasoline prices, sales were up 6%. Other retailers are showing similar strength (I, II).