Costco Wholesale Corporation reported net sales of $7.14 billion for the month of May, the four weeks ended May 29, 2011, an increase of 17 percent from $6.09 billion during the similar period last year.
This year’s four-week period included sales from the company’s Mexico joint venture, as the company began consolidating its Mexico operations beginning with its 2011 fiscal year (on August 30, 2010); otherwise the net sales increase would have been 14 percent.
For the thirty-nine weeks of its reporting period ended May 29, 2011, the company reported net sales of $64.75 billion, an increase of 13 percent from $57.17 billion during the similar period last year; excluding Mexico sales, the increase would have been 10 percent.
Comparable sales for the four-week and thirty-nine-week periods ended May 29, 2011, including Mexico operations for last year and this year, were as follows:
4 Weeks 39 Weeks
———- ———-
U.S. 11% 7%
International 21% 15%
Total Company 13% 9%
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Comparable sales for the four-week and thirty-nine-week periods ended May 29, 2011, including Mexico operations for last year and this year, were as follows:
4 Weeks 39 Weeks
———- ———-
U.S. 6% 4%
International 12% 10%
Total Company 7% 6%
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