Costco Wholesale Corporation Reports June Sales Results

ISSAQUAH, Wash., July 08, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $16.18 billion for the retail month of June, the five weeks ended July 5, 2020, an increase of 11.1 percent from $14.57 billion last year.

For the forty-four weeks ended July 5, 2020, the Company reported net sales of $136.37 billion, an increase of 8.1 percent from $126.13 billion during the similar period last year.

Comparable sales were as follows:

		5 Weeks			44 Weeks
	U.S.	11.0	%		7.2%
	Canada	8.4	%		3.6%
	Other International	18.0	%		7.6%
	Total Company	11.5	%		6.7%
	E-commerce	85.8	%		42.8%

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

		5 Weeks			44 Weeks
	U.S.	13.6%			8.1	%
	Canada	12.2%			6.0	%
	Other International	22.1%			10.2	%
	Total Company	14.4%			8.1	%