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Costco Reports on October 2024 Sales

11/12/2024

On November 5th Costco Wholesale Corporation (COST) reported sales for October 2024 covering the four weeks ending November 3rd.  For the period, sales attained $20,030 million, up 7.2 percent from the value of $18,680 million during the corresponding month in 2023.

 

Same store sales (excluding fuel and foreign exchange) increased 5.8 percent for the U.S.; 8.7 percent for Canada and 8.4 percent for international warehouses.  Overall, same-stores sales advanced by 6.5 percent and E-commerce was 19.3 percent higher.

 

Costco closed on November 6th after release of the data at $896.00 subsequently rising in the post-election surge to an open of $936.57 on November 12th.  COST market capitalization was $413,330 million on November 12th and the share has traded over a 52-week range of $572.24 to $962.00 with a 50-day moving average of $894.30.

 

Costco Wholesale Corporation operates 892 warehouses with 615 in the U.S.; 108 in Canada; 40 in Mexico and the remainder in nine other nations.