Costco (COST) Reports May Sales Results

June 3, 2021 4:21 PM EDT

Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.59 billion for the retail month of May, the four weeks ended May 30, 2021, an increase of 24.2 percent from $12.55 billion last year.

For the thirty-nine weeks ended May 30, 2021, the Company reported net sales of $142.17 billion, an increase of 18.3 percent from $120.19 billion last year.

Comparable sales were as follows:

4 Weeks 39 Weeks
U.S.21.9% 15.3%
Canada28.8% 20.7%
Other International21.5% 20.9%
Total Company22.8% 16.8%
E-commerce12.1% 58.9%

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

4 Weeks 39 Weeks
U.S.16.7% 15.3%
Canada8.9% 14.1%
Other International9.6% 15.6%
Total Company14.7% 15.2%
E-commerce8.7% 57.1%

This year’s May retail month had one additional shopping day versus last year, due to the calendar shift of Memorial Day. This shift positively impacted sales by approximately two to two and one-half percent.



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