Costco Wholesale Corp (COST)

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Costco Wholesale Corporation Reports March Sales Results
04/05/2023
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ISSAQUAH, Wash., April 05, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $21.71 billion for the retail month of March, the five weeks ended April 2, 2023, an increase of 0.5 percent from $21.61 billion last year.

For the thirty-one weeks ended April 2, 2023, the Company reported net sales of $137.77 billion, an increase of 6.0 percent from $130.00 billion last year.

Comparable sales were as follows:

5 Weeks 31 Weeks
U.S. -1.5% 5.7%
Canada -2.4% 1.9%
Other International 2.0% 0.9%

Total Company -1.1% 4.5%

E-commerce -12.7% -7.8%


Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:

5 Weeks 31 Weeks
U.S. 0.9% 5.2%
Canada 7.4% 8.5%
Other International 7.6% 9.1%

Total Company 2.6% 6.1%

E-commerce -11.6% -6.6%


Additional discussion of these results is available in a pre-recorded message. It can be accessed by dialing 1-866-672-0388 or by visiting investor.costco.com (click on “Events & Presentations”). This message will be available through 5:00 p.m. (PT) on Wednesday, April 12, 2023.