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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 | |
---|---|---|---|---|---|---|---|---|---|---|
5.91 | 0.82% | 728.13 | 727.92 | 728.31 | 729.20 | 720.63 | 724.75 | 374,995 | 16:39:08 |
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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