trending Market Intelligence /marketintelligence/en/news-insights/trending/pihdexralkhxevjnumpxeg2 content esgSubNav
In This List

Costco net sales up 12.2% YOY in August

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Blog

Investment Research Analysts Providing Greater Coverage on Inflation

Blog

Using Credit Analytics to Avoid Mispricing Insurance Premiums


Costco net sales up 12.2% YOY in August

Warehouse club operator Costco Wholesale Corp.'s net sales in August grew 12.2% to $11 billion from $9.8 billion in the same month a year ago.

During the month, comparable sales across the company's global operations edged up 9.2%. E-commerce comparable sales were up 23.8%, while comparable sales in Canada also grew 2.7%.

In addition, comparable sales climbed 5.3% in other international markets.

Meanwhile, net sales for the fourth quarter of fiscal 2018 were $43.4 billion, up 5% from $41.4 billion reported in the fourth quarter of fiscal year 2017.

The company noted that net sales for the 52-week fiscal year ended Sept. 2 grew 9.7% to $138.4 billion, versus $126.2 billion reported in the 53-week fiscal year 2017.