On Thursday, the Washington based largest membership warehouse club, Costco Wholesale Corp. reported a 5 percent rise in comparable store sales figure for October, and consequently a rise has been reported for the year on year sales by 7% to $5.68 billion from $5.3 billion in the year-earlier month.

Counting the impact of fuel prices and foreign exchange, Costco raised ahead of the analysts’ calculation regarding the probable climb of 4.7 percent in same-store sales. Hence, a rise of 3 percent in U.S. comparable sales and 7 percent on local currency basis international same-store sales was revealed.

Though the results enhancement remained nil in the case of U.S. comparable store sales, for the nine-week phase, net sales rose 5% from $11.97 billion for the year-ago period to $12.53 billion.

Given that US comparable sales improved 2% and International comparable sales improved 17%, the encouraging October comparable sales results have been considered as the impact of the strengthening foreign currencies against the U.S. dollar.