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Costco Wholesale Corporation Reports December Sales Results

Costco Wholesale Corporation Reports December Sales Results


ISSAQUAH, WA
Monday, January 13th, 2025

Costco Wholesale Corporation's results for the last month of 2024 have arrived. The club chain has reported net sales of $27.52 billion for the retail month of December, the five weeks ended January 5, 2025, an increase of 9.9 percent from $25.03 billion last year.

Net sales for the first 18 weeks were $94.04 billion, an increase of 8 percent from $87.07 billion last year, a recent press release shared.

E-commerce sales in December were positively impacted by an estimated 15 percentage points due to Thanksgiving/Black Friday/Cyber Monday occurring a week later this year versus last year. Total and comparable sales were positively impacted by approximately one and one-half percent as a result of the shift in E-commerce sales.

Costco Wholesale Corporation reported net sales of $27.52 billion for the retail month of December

Additional discussion of these results is available in a pre-recorded message. It can be accessed by visiting investor.costco.com (click on “Events & Presentations”). This message will be available through 4:00 p.m. (PT) on Wednesday, January 15, 2025.

Costco currently operates 897 warehouses, including 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand, and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.

To view the full report, click here.

As we await the retailer's updates for January, stay in the know on all things retail with DMN.

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