Costco (COST) Reports November Sales Results

Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $18.13 billion for the retail month of November, the four weeks ended November 28, 2021, an increase of 15.7 percent from $15.67 billion last year.

For the twelve-week first quarter ended November 21, 2021, the Company reported net sales of $49.42 billion, an increase of 16.7 percent from $42.35 billion last year.

For the thirteen weeks ended November 28, 2021, the Company reported net sales of $54.10 billion, an increase of 16.8 percent from $46.33 billion last year.

Comparable sales were as follows:

Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:

Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 3181269). This message will be available through 5:00 p.m. (PT) on Wednesday, December 8, 2021.

Costco currently operates 824 warehouses, including 571 in the United States and Puerto Rico, 105 in Canada, 40 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in Korea, 14 in Taiwan, 13 in Australia, three in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

You May Also Be Interested In

• IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
• Ford (F) earnings beat estimates in Q1, revenue falls short; stock up
• Biogen (BIIB) tops earnings expectations but revenue falls short