Costco net sales rise, FY sales up 10.2%; digital sales surge 20%+
Costco reported August net sales up 9.9% year-over-year. Fiscal year sales rose 10.2% to $297.3 billion, while digitally-enabled sales surged over 20%.
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08:32:22 PM UTC
SquawkNews
August net sales rose 9.9% to $23.70 billion, with comparable sales up 8.4% and digitally enabled sales up 17.9%. Strongest growth was seen in the Southeast U.S., Spain, China, and Korea, while gas price inflation and Labor Day timing influenced results.Based on Costco Wholesale Corporation [COST…
Net sales for August rose 9.9% year-over-year, with fiscal year sales up 10.2% to $297.3 billion.
Comparable sales growth was strong across all regions, and digitally-enabled sales surged over 20%.Original document: Costco Wholesale Corporation [COST] Press release — Sep.
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