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Industry NewsCostco Canada August sales up almost 12%

Costco Canada August sales up almost 12%

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August sales in Canada for Costco Wholesale grew 11.6 per cent versus U.S. sales at 11 per cent during the four weeks ended August 28, 2022. Comparable sales excluding gasoline prices and foreign exchange impacts were up 11.7 per cent in Canada and 7.6 per cent in the U.S.

The company reported net sales of $17.55 billion for the retail month of August, the four weeks ended August 28, 2022, an increase of 11.4 per cent from $15.75 billion last year.

For the forty-eight weeks ended July 31, 2022, the company reported net sales of $205.19 billion, an increase of 16.4 per cent from $176.30 billion during the similar period last year.

For the 52-week fiscal year ended August 28, 2022, the company reported net sales of $222.7 billion, an increase of 15.9 per cent from $192.1 billion during the similar period last year.

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