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29 Sep, Thursday
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Bull Trader USA

Dow Jones Newswires: Costco sales topped $22 billion in December, a 16.2% increase

Costco Wholesale Corp.’s sales rose 16.2% in the retail month of December.

Sales were $22.24 billion in the five weeks ended Jan. 2, up from $19.14 billion in the same period last year.

Comparable sales, or those from Costco COST, -2.54% warehouses open for more than a year, rose 14.5%, across all its regions. U.S. comparable sales increased 15.9%. E-commerce sales rose 17.8% from the prior-year period.

Excluding gasoline prices and foreign exchange rates, comparable sales were up 11.5% company-wide. In the U.S., it rose 11.5%. Online sales rose 17.8% by the same measure.

Write to Kimberly Chin at kimberly.chin@wsj.com

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