Costco Wholesale Corp. reported same-store sales in the U.S. grew 12.5 percent in August.
Total company same-store sales were up 13.2 percent. Canada’s same-store sales increased by 14.6 percent. Other International segment comps rose 16.1 percent. Global e-commerce sales jumped 101.9 percent.
Net sales of $13.56 billion for the retail month of August, the four weeks ended August 30, 2020, increased 15.0 percent from $11.79 billion last year.
For the 16-week fourth quarter ended August 30, the company reported net sales of $52.3 billion, an increase of 12.7 percent compared to net sales of $46.4 billion during the similar period last year.
For the 52-week fiscal year ended August 30, 2020, the company reported net sales of $163.2 billion, an increase of 9.2 percent from the $149.4 billion during the similar period last year.
Photo courtesy Costco
