Costco Releases November Sales Results
ISSAQUAH, WA - Reports of increased sales continue to emerge from Costco Wholesale Corporation as the company released its November sales results. The retailer revealed an increase of 5.7 percent to its net sales, totaling $19.17 billion from $18.13 billion last year.
According to the financial results, the company reported net sales of $53.44 billion, an increase of 8.1 percent from $49.42 billion last year, for its 12-week first quarter ending on November 20, 2022.
Comparable sales results from its report, excluding the impacts from changes in gasoline prices and foreign exchange, show that its United States sales were up 4.6 percent for the four retail weeks in November
To learn more about the retailer and its progress, check out the full results here.
ANUK will keep an eye on the wire, so keep an eye out for the latest.