A 5.7 percent increase in net sales was revealed recently as Costco Wholesale Corporation gave us an inside look at its sales performance for the month of November. In the report, the wholesaler revealed 19.17 billion in net sales, rising from the $18.13 billion reported last year.
According to the company’s financial results, Costco 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.
Across its 845-store network, comparable sales results from Costco’s 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.
Click here to explore more of the grocer’s sales results for November.
Deli Market News will keep a close watch on this retailer’s growth and more, so keep clicking back.