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Industry NewsCostco December global sales rise 11%

Costco December global sales rise 11%


Costco Wholesale Corp. December 2019 sales were $17.04 billion, an increase of 10.5 per cent from the $15.42 billion last year.

For the 18 weeks ended January 5, 2020, the Company reported net sales of $56.99 billion, an increase of 7.5 percent from $52.99 billion during the similar period last year.

In Canada, comparable sales were up 9 per cent for the five weeks ending January 5, 2020 and up 5.2 per cent for 18 weeks ending the same period.

E-commerce sales in December were positively impacted by an estimated 20 percentage points, due to Thanksgiving/Black Friday/Cyber Monday occurring a week later this year versus last year. Total and comparable sales were positively impacted by approximately one per cent.


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