by Mike Duff | Sep 27, 2023 | Retail Articles
Costco beat fourth-quarter sales and earnings estimates with revenues surpassing $240 billion for the year. In the period, Costco recorded company net income of $2.16 billion, or $4.86 per diluted share, versus $1.87 billion, or $4.20 per diluted share, in the...
by Mike Duff | Sep 22, 2023 | Retail Articles
With Costco preparing to reveal its fourth-quarter and full-year financial results, traffic-tracker Placer.ai points out that the company is on a roll with more footsteps through the store during the past couple of years and, more recently, during the back-to-school...
by Mike Duff | Sep 22, 2023 | Retail Articles
Market researcher Numerator said Amazon and Walmart were the leading retailers for back-to-college shoppers, with each retailer gaining share of back-to-college spending in 2023 versus 2022. According Numerator’s recent report, Back-to-College in a Shifting...
by Mike Duff | Sep 6, 2023 | Retail Articles
Costco Wholesale Corp. reported net sales of $18.42 billion for the retail month of August, up 5% year over year.The retailer also posted net sales for the first 52 weeks of its 53-week fiscal year ended August 27, which increased 4.6% to $232.95 billion versus the...
by Mike Duff | Aug 3, 2023 | Retail Articles
Costco Wholesale Corp. reported net sales of $17.6 billion for fiscal July up 4.5% from the month a year earlier. Comparable sales, excluding the effects of fuel price and foreign exchange rate volatility, increased 5% in the month year over year with comps in the...
