Costco Wholesale Corporation Reports April Sales Results

ISSAQUAH, Wash., May 08, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.80 billion for the retail month of April, the four weeks ended May 5, 2024, an increase of 7.1 percent from $18.48 billion last year.

Net sales for the first 35 weeks were $166.44 billion, an increase of 7.0 percent from $155.62 billion last year.

Comparable sales were as follows:

		4 Weeks		35 Weeks
	U.S.	5.8%		4.1%
	Canada	5.2%		7.7%
	Other International	5.1%		9.1%
	Total Company	5.6%		5.2%
	E-commerce	14.6%		14.7%

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

		4 Weeks		35 Weeks
	U.S.	5.2%		4.4%
	Canada	5.9%		8.2%
	Other International	7.0%		7.8%
	Total Company	5.5%		5.3%
	E-commerce	14.8%		14.6%

This year’s retail month of April was impacted by the shift in timing of Easter. The shift negatively impacted total and comparable sales by a little more than 0.5 percent.