Costco (COST) Reports August Sales of $19.83B

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September 5, 2024 4:18 PM EDT

Costco Wholesale Corporation (Nasdaq: COST) today reported net sales of $19.83 billion for the retail month of August, the four weeks ended September 1, 2024, an increase of 7.1 percent from $18.51 billion last year.

For the 16-week fourth quarter, the Company reported net sales of $78.2 billion, an increase of 1.0 percent compared to net sales of $77.4 billion in the 17-week fourth quarter of fiscal year 2023.

For the 52-week fiscal year ended September 1, 2024, the Company reported net sales of $249.6 billion, an increase of 5.0 percent from $237.7 billion reported in the 53-week fiscal year 2023.

Comparable sales were as follows:

4 Weeks 16 Weeks 52 Weeks
Retail Month Fourth Quarter Fiscal Year
U.S.4.7% 5.3% 4.5%
Canada4.5% 5.5% 7.0%
Other International7.5% 5.7% 8.1%
Total Company5.0% 5.4% 5.3%

E-commerce
22.9%
18.9%
16.1%

Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:

4 Weeks 16 Weeks 52 Weeks
Retail Month Fourth Quarter Fiscal Year
U.S.6.7% 6.3% 5.0%
Canada5.8% 7.9% 8.1%
Other International10.8% 9.3% 8.4%
Total Company7.1% 6.9% 5.9%

E-commerce
23.3%
19.5%
16.2%

Additional discussion of these results is available in a pre-recorded message. It can be accessed by visiting investor.costco.com (click on “Events & Presentations”). This message will be available through 4:00 p.m. (PT) on Thursday, September 12, 2024.


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