Costco's March Sales Climb 17.6%
April 07 2021 - 5:05PM
Dow Jones News
By Kimberly Chin
Costco Wholesale Corp.'s sales jumped 17.6% in March, continuing
its strong sales run despite improvement in the Covid-19
vaccination front that could spur people to spend more time away
from home..
Total sales were $18.21 billion in the five weeks ended April 4,
up from $15.49 billion in the same period last year.
Comparable sales, or those from Costco warehouses open for more
than a year, rose 16%, across all its regions. U.S. comparable
sales increased 13.9%. Meanwhile, e-commerce sales surged 57.7% in
March from the prior year.
Excluding gasoline prices and foreign exchange rates, comparable
sales rose 11.1% company-wide. It was up 11.3% in the U.S. as
adjusted. Online sales rose 54.5% by the same measure.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 07, 2021 16:50 ET (20:50 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Costco Wholesale (NASDAQ:COST)
Historical Stock Chart
From Mar 2024 to Apr 2024
Costco Wholesale (NASDAQ:COST)
Historical Stock Chart
From Apr 2023 to Apr 2024