Costco (COST) Reports April Sales Results
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Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.21 billion for the retail month of April, the four weeks ended May 2, 2021, an increase of 33.5 percent from $11.39 billion last year.
For the thirty-five weeks ended May 2, 2021, the Company reported net sales of $126.58 billion, an increase of 17.6 percent from $107.64 billion last year.
Comparable sales were as follows:
4 Weeks | 35 Weeks | ||||
U.S. | 30.4% | 14.5% | |||
Canada | 44.0% | 19.7% | |||
Other International | 33.5% | 20.8% | |||
Total Company | 32.5% | 16.1% | |||
E-commerce | 20.5% | 67.7% | |||
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
4 Weeks | 35 Weeks | ||||
U.S. | 24.9% | 15.0% | |||
Canada | 23.8% | 14.7% | |||
Other International | 20.3% | 16.2% | |||
Total Company | 24.2% | 15.1% | |||
E-commerce | 17.3% | 66.2% | |||
This year’s April retail month had one additional shopping day versus last year, due to the calendar shift of Easter. This positively impacted total and comparable sales by approximately two and one-half percent.
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