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Costco Continues to See Higher Sales and Healthy Comps

Costco Continues to See Higher Sales and Healthy Comps

As retailers scramble to adjust their business models amid the consumer shift towards e-commerce and the growing presence of Amazon (AMZN) in the grocery space, Costco (COST) is quietly racing ahead of the competition. The company continues to impress with its stellar sales backed by solid comparable-store sales (or comps).