Keep an eye on the retail sector today after Costco (NASDAQ:COST) reported a blazing 6.2% gain in comparable sales for July to top the Wall Street estimate for a 5.5% rise. The retailer's comparable sales were up 6.0% in the U.S. during the month.
Shares of Costco are up just 0.38% premarket to $161.90 after running up over 7% in the last week.
Previously: Costco reports comp sales in July (Aug. 3)
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