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Costco Reports on April 2024 Sales

05/09/2024

On May 8th Costco Wholesale Corporation (COST) reported sales for April 2024.  For the period, sales attained $1,980 million up 7.1 percent from the value of $1,848 million during the corresponding month in 2023.

 

Same store sales (excluding fuel and foreign exchange) increased 5.2 percent for the U.S.; 5.9 percent for Canada and 7.0 percent for international warehouses.  Overall, same-stores sales advanced by 5.5 percent and E-commerce was 14.8 percent higher.

 

Costco Wholesale Corporation operates 876 warehouses with 604 in the U.S.; Canada, 108; Mexico, 33 and the remainder in nine other nations.

 

Costco closed on May 8th before release of the data at $763.41, but was up on May 9th post- release at 10H30 to $772.90 with a market capitalization of $338,580 million. COST has traded over a 52-week range of $476.75 to $787.08 with a 50-day moving average of $731.83.