Costco's revenue at stores open at least a year rose 4 percent in August, slightly faster than Wall Street's expectations.

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Costco’s revenue at stores open at least a year rose 4 percent in August, slightly faster than Wall Street’s expectations.

Analysts polled by Thomson Reuters forecast a 3.8 percent rise.

The figure is a key gauge of a retailer’s health because it excludes results from stores recently opened or closed.

Costco Wholesale Corp. said Thursday that the metric also rose 4 percent in the U.S. It increased 2 percent overseas.

Stripping out changes in gas prices and foreign currency exchange rates, revenue at stores open at least a year climbed 6 percent in August. In the U.S., it rose 5 percent and internationally it increased 8 percent.

Total revenue rose 7 percent to $7.95 billion.

For the fourth quarter, the wholesale club operator’s revenue at stores open at least a year climbed 5 percent. The U.S. also reported a 5 percent gain, while the figure rose 4 percent internationally.

Excluding changes in gas prices and foreign currency exchange rates, revenue at stores open at least a year rose 5 percent for the total company and in the U.S. The metric climbed 7 percent overseas.

Fourth-quarter total revenue edged up 1 percent to $31.8 billion.

Year-to-date, the Issaquah, Wash., company’s revenue at stores open at least a year increased 6 percent. The figure also climbed 6 percent in the U.S. and abroad.

Removing changes in gas prices and foreign currency exchange rates, revenue at stores open at least a year climbed 6 percent for the total company. The figure also climbed by 6 percent in the U.S. and abroad.

Total revenue rose 6 percent to $102.9 billion.

Costco expects to report its fourth-quarter financial results on Oct. 9.

The company currently runs 634 warehouses, including 451 in the U.S. and Puerto Rico, 85 in Canada, 33 in Mexico, 25 in the U.K., 18 in Japan, 10 in Taiwan, nine in Korea and three in Australia.

Its shares finished at $111.50 on Wednesday. They have fallen 7 percent from their 52-week high of $120.20 on Aug. 5. They traded as low as $93.51 in mid-November.