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Industry NewsCostco Canada December sales up 12%

Costco Canada December sales up 12%

Costco Wholesale Corp. December sales for Canada for the five week reporting period were up 12.8 per cent, while comparable sales excluding impacts from changes in gasoline prices and foreign exchange were up 11.9 per cent.

The big box store bucked the trend of declining e-commerce sales with an increase of 17.7 per cent and e-commerce comp sales up 17.4 per cent.

The company reported net sales of $26.15 billion for the five week period, an increase of 9.9 per cent from $23.80 billion.

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