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Industry NewsCostco sales up 10% in July, 12% YTD

Costco sales up 10% in July, 12% YTD

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Costco Wholesale Corp. reported net sales of $10.59 billion for the retail month of July, a 10.1 per cent increase over the same month last year. Year to date sales (the first 48 weeks of fiscal 2018) registered $127.4 billion, a 12.1 per cent rise over the same period in fiscal 2017.

For Canada, sales were up 3.2 per cent for July and 9.6 per cent for fiscal 2018 so far – five per cent and 4.1 per cent respectively once the impact of gasoline price changes and foreign exchange are excluded.

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