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Costco Reports on May 2024 Sales


On June 5th Costco Wholesale Corporation (COST) reported sales for May 2024 covering the four weeks ending June 2nd.  For the period, sales attained $1,964 million up 8.1 percent from the value of $18,160 million during the corresponding month in 2023.


Same store sales (excluding fuel and foreign exchange) increased 5.7 percent for the U.S.; 7.5 percent for Canada and 10.0 percent for international warehouses.  Overall, same-stores sales advanced by 6.5 percent and E-commerce was 15.4 percent higher.


Costco Wholesale Corporation operates 879 warehouses with 606 in the U.S.; Canada, 108; Mexico, 33 and the remainder in nine other nations.

Costco closed on June 5th before release of the data at $834.30. COST market capitalization was $366,840 million on June 5th and the share has traded over a 52-week range of $510.57 to $834.39 with a 50-day moving average of $752.14.