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Industry NewsCostco September sales climb 15.8%

Costco September sales climb 15.8%

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Costco Wholesale Corp. reports that September sales for the five-week retail month increased 15.8 per cent to $19.50 billion versus $16.84 billion.

Comparable sales in Canada jumped almost 15 per cent, 14.6 per cent in the U.S. and 12 per cent in international markets.

Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange for the same period were 7.3 per cent for Canada, 10 per cent for the U.S. and 8 per cent for international.

Costco currently operates 817 warehouses, including 565 in the U.S. and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in Korea, 14 in Taiwan, 13 in Australia, three in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

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