Fratelli Beretta - Over 200 Years of Bringing Families Together - For Passion - For Quality
Pizza Rings
WCMA - World Championship Cheese Contest 2023
Costco Wholesale Corporation on the Rise in August Sales Results

Costco Wholesale Corporation on the Rise in August Sales Results


ISSAQUAH, WA
Thursday, September 15th, 2022

We could all take a page from Costco’s industry playbook, as the retailer continues to make strides worldwide. This was evidenced by its most recent financial results. Looking at the 52-week fiscal year ended August 28, 2022, the chain reported a net sales gain of $30.6 billion, jumping to $222.7 billion from the $192.1 billion earned during a similar period last year.

Sharing a look at its August sales results, the wholesaler has revealed net sales of $17.55 billion for the four weeks ended August 28, according to a press release. This gain represents an increase of 11.4 percent, or $1.8 billion, from the $15.75 billion reported last year.

Costco reported a net sales gain of $30.6 billion during the 52-week fiscal year ended August 28, 2022, jumping to $222.7 billion from the $192.1 billion earned during a similar period last year

Costco also reported net sales of $70.8 billion for the 16-week fourth quarter ending August 28, 2022, showcasing a 15.3 percent increase from $61.4 billion during a similar period last year.

More information on the grocer’s August sales results can be found here.

We will continue to keep an eye on this fast-growing grocer as more news comes to light.

Costco
Topics: