From Nasdaq: 2025-01-08 17:46:54

Costco Wholesale Corporation reported net sales of $27.52 billion for December 2024, a 9.9% increase from the same period last year. Total sales for the first eighteen weeks reached $94.04 billion, up 8.0% from last year.

Due to the timing of Thanksgiving, Black Friday, and Cyber Monday, e-commerce sales in December saw a significant increase, contributing approximately 15 percentage points to total sales. This timing adjustment positively impacted total and comparable sales by roughly 1.5%.

Comparable sales for the five and eighteen weeks ending January 5, 2025, showed growth in the U.S., Canada, and other international regions, with total company sales up 7.4% and 5.7%, respectively. E-commerce sales also surged, with a 34.4% increase in the five weeks and a 17.1% increase over the eighteen-week period.



Read more at Nasdaq: Costco Wholesale Corporation Announces December Sales Results