Costco delivers strong sales in October

ISSAQUAH, Wash. — Costco reported net sales of $7.01 billion for the four weeks ended Oct. 30, an increase of 11% from $6.3 billion during the similar four-week period last year.

Total comparable-club sales for the month were up 9%. U.S. comparable-store sales also were up 9%, while international comps rose 8%. Excluding the impact of fuel and foreign currencies total comps rose 7%, U.S. comps rose 6% and international comps rose 9%.

For the first nine weeks of its reporting period ended Oct. 30, the company reported net sales of $15.62 billion, an increase of 13% from $13.81 billion during the similar period last year.

Costco currently operates 595 warehouses, including 432 in the United States and Puerto Rico, 82 in Canada, 32 in Mexico, 22 in the United Kingdom, nine in Japan, eight in Taiwan, seven in Korea and three in Australia.

Login or Register to post a comment.