Costco Wholesale Corporation Reports May Sales Results

ISSAQUAH, Wash., June 03, 2020 (GLOBE NEWSWIRE) -- 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:

		4 Weeks		39 Weeks
	U.S.	5.5%		6.7%
	Canada	-0.9%		2.9%
	Other International	12.0%		6.3%
	Total Company	5.4%		6.1%
	E-commerce	106.2%		37.5%

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

		4 Weeks		39 Weeks
	U.S.	9.2%		7.4%
	Canada	4.9%		5.1%
	Other International	17.9%		8.7%
	Total Company	9.7%		7.3%