Costco Wholesale Corporation Reports December Sales Results

ISSAQUAH, Wash., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $26.15 billion for the retail month of December, the five weeks ended December 31, 2023 an increase of 9.9 percent from $23.80 billion last year.

For the seventeen weeks ended December 31, 2023, the Company reported net sales of $82.86 billion, an increase of 5.9 percent from $78.26 billion for the seventeen weeks of fiscal year 2023 ended December 25, 2022.

Net sales for the seventeen weeks were negatively impacted by approximately one-half to one percent from the shift of the fiscal calendar, as a result of the fifty-third week in fiscal year 2023.

Comparable sales for the periods ended December 31, 2023 were as follows:

	5 Weeks		17 Weeks
U.S.	7.3%		3.6%
Canada	12.8%		8.3%
Other International	10.5%		10.9%
Total Company	8.5%		5.2%
E-commerce	17.7%		10.2%

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

	5 Weeks		17 Weeks
U.S.	7.4%		4.1%
Canada	11.9%		9.3%
Other International	8.1%		7.4%
Total Company	8.1%		5.2%