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Costco Tops 104B in Net Sales Results

Costco Tops 104B in Net Sales Results


ISSAQUAH, WA
Tuesday, February 13th, 2024

Once again, Costco has reported impressive sales in its monthly report. The retail month of January was a successful financial period for the retailer, as it reported net sales of $104.94 billion, an increase of 6 percent from $99 billion for the same period in 2023.

This period reflects the 22 weeks ended February 4, 2024.

For the five weeks ended February 4, 2024, Costco reported net sales of $22.08 billion, an increase of 4.5 percent from $21.13 billion last year.

For the 22 weeks ended February 4, 2024, Costco reported net sales of $104.94 billion, an increase of 6 percent from $99 billion for the same period in 2023

While specific details of this sales growth were not shared, we suspect Costco’s investments in new store openings played a role in its success compared to last year.

According to the report, Costco currently operates 874 warehouses, including 602 in the United States and Puerto Rico. Costco also operates e-commerce sites in the United States, Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.

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