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Major Retailers and Automakers Report Mixed August Sales Figures
Costco reported a nearly 10 percent increase in August comparable sales driven by higher gas prices, while Petco saw growth in its subscription services. Meanwhile, Tesla’s sales growth in China slowed significantly during the same period.
2 Sept, 20:38 — 2 Sept, 22:16
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bloombergHigh1h ago
Petco Services, Auto-Ship Sales Grow as Turnaround Continues
Petco Health & Wellness Co. shares rose as much as 14% in postmarket trading Wednesday after the pet supply retailer reported profit above Wall Street expectations and comparable sales grew for the second straight quarter after a year of declines.
By Ann Gehan
Read full article →seeking-alphaMixed2h ago
Costco's August sales improve 9.9% with higher gas prices driving up comparable sales
Read full article →Coverage Timeline
First report: investing-com · 2 Sept, 10:29|Full coverage: 4 · 12h|Window: 12h
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