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Industry NewsCostco July sales in Canada up 11.7%

Costco July sales in Canada up 11.7%

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July sales in Canada for Costco Wholesale grew 11.7 per cent versus U.S. sales at 11.4 per cent during the four-week period ended July 31, 2022. Comparable sales excluding gasoline prices and foreign exchange impacts were up 11.5 per cent in Canada and 5.8 per cent in the U.S.

The company reported net sales of $16.85 billion for the retail month of July, the four weeks ended July 31, 2022, an increase of 10.8 per cent from $15.21 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.

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