Costco (COST) U.S. Comps Rise 15.9% in December

Costco Wholesale Corporation (Nasdaq: COST) announced its monthly net sales results today, according to which the company’s December (the five weeks ended January 2, 2022) net sales grew 16.2% year-over-year to $22.24 billion. For the 18 weeks ended January 2, 2022, the company’s net sales came in at $76.34 billion, representing a 16.6% year-over-year growth.

Comparable sales for the December period rose 14.5% for the total company, with the U.S. gaining 15.9%, Canada rising 16%, and other International rise 6.4%.

Comparable sales, excluding the impacts from changes in gasoline prices and foreign exchange, were up 11.5% in the U.S. for the month, 13.6% in Canada, and 9.6% for the rest of the world.

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