It’s estimated that the Chicago Cubs World Series appearance will break retail records. The Cubs haven’t played in a World Series since 1945, or won one since 1908. That’s the longest championship drought in baseball, and there are plenty of loyal Cub fans ready to scoop up World Series merchandise as a result. Forbes reports that tickets are already priced at an all-time high on the resale market. In Chicago, bleacher seats are going for upwards of $2,500 apiece and premium seating could cost up to $20,000 a ticket. In addition, the sale of team merchandise — hats, jerseys, T-shirts, etc. — are expected to break records if the Cubs end up winning the series.
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.42 billion for the retail month of December, the five weeks ended January 6, 2019, an increase of 7.8 percent from $14.30 billion last year.
For the 18 weeks ended January 6, 2019, the Company reported net sales of $52.99 billion, an increase of 9.5 percent from $48.39 billion during the similar period last year.
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