Costco Wholesale Corporation Reports March Sales Results and Announces an Increase in Its Quarterly Cash Dividend

ISSAQUAH, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $23.48 billion for the retail month of March, the five weeks ended April 7, 2024, an increase of 9.4 percent from $21.46 billion last year.

Net sales for the first 31 weeks were $146.64 billion, an increase of 6.4 percent from $137.77 billion last year.

Comparable sales for the periods ended April 7, 2024 were as follows:

		5 Weeks		31 Weeks
	U.S.	7.3%		3.8%
	Canada	8.9%		8.1%
	Other International	8.6%		9.6%
	Total Company	7.7%		5.2%
	E-commerce	28.3%		14.8%

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

		5 Weeks		31 Weeks
	U.S.	7.4%		4.3%
	Canada	7.3%		8.5%
	Other International	8.4%		7.9%
	Total Company	7.5%		5.3%
	E-commerce	28.0%		14.5%

This year’s retail month of March was impacted by the shift in timing of Easter. The shift positively impacted total and comparable sales by approximately one-half percent.