Costco Wholesale Corporation Reports October Sales Results

ISSAQUAH, Wash., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $13.82 billion for the retail month of October, the four weeks ended November 1, 2020, an increase of 15.9 percent from $11.92 billion last year.

For the nine weeks ended November 1, 2020, the Company reported net sales of $30.66 billion, an increase of 16.4 percent from $26.33 billion last year.

Comparable sales were as follows:

		4 Weeks		9 Weeks
	U.S.	13.6%		14.1%
	Canada	13.9%		15.9%
	Other International	19.6%		19.0%
	Total Company	14.4%		15.0%
	E-commerce	91.1%		90.6%

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

		4 Weeks		9 Weeks
	U.S.	16.4%		16.6%
	Canada	15.2%		16.7%
	Other International	19.0%		18.2%
	Total Company	16.5%		16.8%
	E-commerce	91.0%		90.5%

Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 5880317). This message will be available through 5:00 p.m. (PT) on Wednesday, November 11, 2020.