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Costco said its e-commerce sales in November were hit as this year’s Thanksgiving weekend happened a week later this year versus the last one, affecting year-over-year comparisons.
Costco Wholesale Corp. COST said late Thursday its May sales rose 1.2% to $18.45 billion, from $18.23 billion in May 2022. Comparable-store sales fell 0.3%, including a 1.3% decline in U.S ...
The retailer's e-commerce sales jumped 20.7%, with the growth "led by gold and silver bullions, gift cards and appliances," continuing a run of strong demand for its precious metal products.
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...
Costco's membership fee revenue came in at $1.17 billion, compared to the $1.16 billion Wall Street had expected. It jumped by almost 8% year over year, excluding the impact of foreign exchange rates.
Costco Wholesale reported fiscal third-quarter earnings that beat estimates, with the warehouse retailer posting 20.7% growth in online sales over the same period a year ago.
Gold bars and silver coins continue to show strong sales for Costco. The company sells an estimated $200 million per month of the metals. Though the markup is low, these high-value items help the ...
Shifting trends At a glance, Costco's demand trends seemed to slow slightly. Comparable-store sales were up 4.1% in August, compared with 5% in the prior month.