Costco (COST) Total Company Comps Increase 14.5% in Dec.
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EPS Growth %: +11.8%
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Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $22.24 billion for the retail month of December, the five weeks ended January 2, 2022, an increase of 16.2 percent from $19.14 billion last year.
For the 18 weeks ended January 2, 2022, the Company reported net sales of $76.34 billion, an increase of 16.6 percent from $65.47 billion last year.
Comparable sales were as follows:
| 5 Weeks | 18 Weeks | ||||
| U.S. | 15.9% | 15.4% | |||
| Canada | 16.5% | 16.7% | |||
| Other International | 6.4% | 11.0% | |||
| Total Company | 14.5% | 14.9% | |||
| E-commerce | 17.8% | 14.4% | |||
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
| 5 Weeks | 18 Weeks | ||||
| U.S. | 11.5% | 10.5% | |||
| Canada | 13.6% | 9.7% | |||
| Other International | 9.6% | 10.5% | |||
| Total Company | 11.5% | 10.4% | |||
| E-commerce | 17.8% | 13.9% | |||
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 7855736). This message will be available through 5:00 p.m. (PT) on Wednesday, January 12, 2022. Costco currently operates 828 warehouses, including 572 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, four in Spain, and two each in France and China, and one in Iceland. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.
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