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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Costco Wholesale Corporation | NASDAQ:COST | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
7.18 | 0.99% | 729.04 | 728.91 | 729.11 | 729.80 | 715.00 | 715.00 | 685,847 | 19:15:43 |
By Kimberly Chin
Costco Wholesale Corp.'s sales jumped 17.6% in March, continuing its strong sales run despite improvement in the Covid-19 vaccination front that could spur people to spend more time away from home..
Total sales were $18.21 billion in the five weeks ended April 4, up from $15.49 billion in the same period last year.
Comparable sales, or those from Costco warehouses open for more than a year, rose 16%, across all its regions. U.S. comparable sales increased 13.9%. Meanwhile, e-commerce sales surged 57.7% in March from the prior year.
Excluding gasoline prices and foreign exchange rates, comparable sales rose 11.1% company-wide. It was up 11.3% in the U.S. as adjusted. Online sales rose 54.5% by the same measure.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 07, 2021 16:50 ET (20:50 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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