Costco Wholesale Corporation reported net sales of $22.08 billion for the retail month of January, the five weeks ended February 4, 2024, an increase of 4.5 percent from $21.13 billion in January last year.
For the 22 weeks ended February 4, 2024, the company reported net sales of $104.94 billion, an increase of 6.0 percent from $99.00 billion for the 22 weeks of fiscal year 2023 ended January 29, 2023.
Comparable sales for the periods ended February 4, 2024 were as follows:
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
This year’s retail month of January had one less shopping day due to the timing of New Year’s Day. This negatively impacted total and comparable sales by approximately three to three and one-half percent.
Costco currently operates 874 warehouses, including 602 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, six in China, four 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.
