Costco (COST) Reports July Sales Results
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Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.26 billion for the retail month of July, the four weeks ended August 4, 2024, an increase of 7.1 percent from $17.99 billion last year.
Net sales for the first 48 weeks were $229.81 billion, an increase of 7.1 percent from $214.53 billion last year.
Comparable sales were as follows:
| 4 Weeks | 48 Weeks | ||
| U.S. | 5.3% | 4.5% | |
| Canada | 6.3% | 7.2% | |
| Other International | 3.7% | 8.1% | |
| Total Company | 5.2% | 5.3% | |
| E-commerce | 20.2% | 15.6% | |
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
| 4 Weeks | 48 Weeks | ||
| U.S. | 6.3% | 4.9% | |
| Canada | 10.2% | 8.3% | |
| Other International | 8.9% | 8.2% | |
| Total Company | 7.2% | 5.8% | |
E-commerce | 21.1% | 15.6% | |
Additional discussion of these results is available in a pre-recorded message. It can be accessed by visiting investor.costco.com (click on “Events & Presentations”). This message will be available through 4:00 p.m. (PT) on Wednesday, August 14, 2024.
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