Costco Wholesale Corporation Reports June Sales Results

ISSAQUAH, Wash., July 08, 2021 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $18.92 billion for the retail month of June, the five weeks ended July 4, 2021, an increase of 16.9 percent from $16.18 billion last year.

For the forty-four weeks ended July 4, 2021, the Company reported net sales of $161.09 billion, an increase of 18.1 percent from $136.37 billion last year.

Comparable sales were as follows:

           
    5 Weeks   44 Weeks  
  U.S. 12.1%   14.9%  
  Canada 23.4%   21.0%  
  Other International 15.4%   20.2%  
           
  Total Company 14.1%   16.4%  
           
  E-commerce 20.8%   53.4%  
           

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

           
    5 Weeks   44 Weeks  
  U.S. 7.8%   14.4%  
  Canada 8.9%   13.5%  
  Other International 6.8%   14.5%  
           
  Total Company 7.9%   14.3%  
           
  E-commerce 18.0%   51.5%  
           

This year’s June retail month had one fewer shopping day versus last year, due

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