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Costco Wholesale Corporation Reports January Sales Results
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Costco Wholesale Corporation reported a 4.5% increase in net sales for January, with total sales of $22.08 billion. The company also experienced a 6.0% increase in net sales for the 22 weeks ended February 4, 2024, totaling $104.94 billion.
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How did Costco's sales performance compare to the previous year?
What factors contributed to the increase in net sales?
What strategies does Costco plan to mitigate the risks mentioned?
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