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COSTCO WHOLESALE CORPORATION REPORTS AND SALES RESULTS

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ISSAQUAH, Wash., Dec. 02, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.67 billion for the retail month of November, the four weeks ended November 29, 2020, an increase of 15.1 percent from $13.62 billion last year.

For the twelve-week first quarter ended November 22, 2020, the Company reported net sales of $42.35 billion, an increase of 16.9 percent from $36.24 billion last year.

For the thirteen weeks ended November 29, 2020, the Company reported net sales of $46.33 billion, an increase of 16.0 percent from $39.95 billion during the similar period last year.

Comparable sales were as follows:

      
 4 Weeks 12 Weeks 13 Weeks
U.S.12.0% 14.6% 13.4%
Canada16.4% 16.2% 16.0%
Other International18.2% 18.7% 18.7%
      
Total Company13.4% 15.4% 14.5%
      
E-commerce71.3% 86.4% 82.0%
      

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

      
 4 Weeks 12 Weeks 13 Weeks
U.S.14.2% 17.0% 15.7%
Canada15.8% 16.8% 16.4%
Other International16.0% 17.7% 17.5%
      
Total Company14.6% 17.1% 16.0%
      
E-commerce70.9% 86.2% 81.7%
 

Costco Wholesale Corporation Press Release

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