Costco (COST) Reports May 2020 Comp. Sales Up 7.5%; E-Commerce Comp. Sales for May 2020 Up 106.2%

Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $12.55 billion for the retail month of May, the four weeks ended May 31, 2020, an increase of 7.5 percent from $11.67 billion last year.

For the thirty-nine weeks ended May 31, 2020, the Company reported net sales of $120.19 billion, an increase of 7.7 percent from $111.56 billion during the similar period last year.

Comparable sales were as follows:

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

Costco currently operates 787 warehouses, including 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 12 in Australia, two 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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