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COST Costco Wholesale Corporation

728.13
5.91 (0.82%)
Last Updated: 16:39:08
Delayed by 15 minutes
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
  5.91 0.82% 728.13 727.92 728.31 729.20 720.63 724.75 374,995 16:39:08

Costco's Sales for June Rise Almost 17%

08/07/2021 9:49pm

Dow Jones News


Costco Wholesale (NASDAQ:COST)
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From May 2021 to May 2024

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By Allison Prang

 

Costco Wholesale Corp. said sales rose 16.9% for the retail month of June compared to a year ago.

The company logged $18.92 billion in sales for the period which rose from $16.18 billion a year earlier. The five-week period ended July 4.

Costco's total comparable sales rose 14.1%. They were highest in Canada, which saw an increase of 23.4%. E-commerce sales rose 20.8%.

When taking out impacts from changes in gas prices and foreign exchange, comparable sales increased 7.9%. Those also rose the most in Canada, rising 8.9%. E-commerce sales, taking out those factors, rose 18%.

The company said because of Memorial Day's shift on the calendar, the June retail month this year was a shopping day shorter than last year, which hurt sales by about one and one half to two percent.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

July 08, 2021 16:49 ET (20:49 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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