Costco (COST) Reports December U.S. Comps Increase 9.6%

Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.14 billion for the retail month of December, the five weeks ended January 3, 2021, an increase of 12.3 percent from $17.04 billion last year.

For the 18 weeks ended January 3, 2021, the Company reported net sales of $65.47 billion, an increase of 14.9 percent from $56.99 billion during the similar period 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 2754947). This message will be available through 5:00 p.m. (PT) on Wednesday, January 13, 2021. Costco currently operates 803 warehouses, including 558 in the United States and Puerto Rico, 102 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in Korea, 14 in Taiwan, 12 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.

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