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Costco's April sales up 13.1% YOY

Costco Wholesale Corp. on May 9 reported $10.81 billion in net sales for the month of April, up 13.1% from $9.56 billion a year ago.

The Washington-based retail chain said its total comparable sales were up 10.9%, with its Canada unit posting the highest growth at 14%. Comparable sales in the U.S. were up 10.2%, while its other international operations recorded an 11.2% increase.

Costco's e-commerce sales in April also grew 43.1% year-over-year.

The company said one additional shopping day in April compared to last year, due to the calendar shift of Easter, positively affected total and comparable sales for the month.

Meanwhile, Costco made $92.24 billion in net sales for the 35 weeks of fiscal year 2018 ended May 6. This represents a 12.2% increase from $82.24 billion during the same period last year.