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Costco Sales Rise More than Forecast in April

Costco Wholesale on Thursday reported an 8-percent increase in overall April sales at stores open at least a year.

Analysts, on average, were expecting the company's same-store sales to rise 6 percent, according to Reuters Estimates.

Costco , the largest U.S. warehouse club, said total sales in the four weeks ended May 4 rose 12 percent to $5.54 billion.