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Costco (COST) June U.S. Comps Increase 10.8%

July 11, 2018 4:18 PM EDT

Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $13.55 billion for the retail month of June, the five weeks ended July 8, 2018, an increase of 11.7 percent from $12.13 billion last year. For the first forty-four weeks of fiscal 2018 the Company reported net sales of $116.81 billion, an increase of 12.0 percent from $104.28 billion last year.

Comparable sales were as follows:

5 Weeks 44 Weeks
Retail Month Fiscal Year
U.S.10.8% 9.1%
Canada6.0% 10.1%
Other International7.3% 11.8%
Total Company9.7% 9.6%
E-commerce27.9% 34.8%

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

5 Weeks 44 Weeks
Retail Month Fiscal Year
U.S.7.7% 7.2%
Canada3.4% 4.0%
Other International6.9% 7.2%
Total Company6.9% 6.7%
E-commerce27.7% 33.6%

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 73993437). This message will be available through 5:00 p.m. (PT) on Wednesday, July 18, 2018.



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