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...
by Mike Duff | Jul 12, 2023 | Retail Articles
Numerator has assembled an early read of the results from the first 32 hours of Prime Day 2023, which reveals that the event is triggering strong sales of home-related merchandise. Top categories that Prime Day buyers reported purchasing were home goods, at 27%,...
by Mike Duff | Jul 11, 2023 | Retail Articles
Costco Wholesale Corp. posted net sales in June of $22.86 billion, up from $22.78 billion last year despite lagging nonfoods sales. With the effects of gasoline and foreign exchange volatility removed, Costco stated, comparable sales in June gained 2% in the United...
by Mike Duff | May 30, 2023 | Featured News, Retail Articles
Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
