Costco Wholesale Corporation Reports March Sales Results

ISSAQUAH, Wash., April 07, 2021 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $18.21 billion for the retail month of March, the five weeks ended April 4, 2021, an increase of 17.6 percent from $15.49 billion last year.

For the thirty-one weeks ended April 4, 2021, the Company reported net sales of $111.37 billion, an increase of 15.7 percent from $96.25 billion during the similar period last year.

Comparable sales were as follows:

		5 Weeks		31 Weeks
	U.S.	13.9%		12.6%
	Canada	28.3%		17.0%
	Other International	16.4%		19.4%
	Total Company	16.0%		14.1%
	E-commerce	57.7%		77.0%

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

		5 Weeks		31 Weeks
	U.S.	11.3%		13.7%
	Canada	13.0%		13.5%
	Other International	7.7%		15.7%
	Total Company	11.1%		13.9%
	E-commerce	54.5%		75.9%

This year’s five-week March retail month had one fewer shopping day versus last year, due to the calendar shift of Easter. This negatively impacted total and comparable sales by approximately one and one-half to two percent.