Costco Wholesale Corporation Announces Sales Results for the Retail Month of November, the Four Weeks Ended December 1, 2024,Twelve-Week First Quarter Ended November 24, 2024 and for Year to Date First Thirteen Weeks
December 04, 2024 at 04:15 pm EST
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Costco Wholesale Corporation announced sales results for the retail month of November,the Four Weeks Ended December 1, 2024,twelve-week first quarter ended November 24, 2024 and for year to date first Thirteen Weeks. The company reported net sales of $21.87 billion for the retail month of November, the four weeks ended December 1, 2024, an increase of 5.6% from $20.71 billion last year.
For the twelve-week first quarter ended November 24, 2024, the Company reported net sales of $60.99 billion, an increase of 7.5% from $56.72 billion last year.
Net sales for the first thirteen weeks were $66.52 billion, an increase of 7.2% from $62.04 billion last year.
Costco Wholesale Corporation specializes in the distribution of products and services at discount prices (food, sports equipment, household appliances, books, toys, jewelry, TVs, cameras, photo developing and printing services, etc.). The group develops its activity through a network of warehouse stores opened to individuals or companies who have paid a subscription fee. Net sales break down by revenue source as follows:
- sales of products (98.1%);
- sales of subscriptions (1.9%).
As of 01/09/2024, Costco Wholesale Corporation had a network of 890 warehouse stores located in the United States and Puerto Rico (614), Canada (108), Mexico (40), Japan (35), the United Kingdom (29), Korea (19), Australia (15), Taiwan (14), China (7), Spain (4), France (2), Sweden, New Zealand and Iceland.
Net sales are distributed geographically as follows: the United States (72.4%), Canada (13.7%) and other (13.9%).
Costco Wholesale Corporation Announces Sales Results for the Retail Month of November, the Four Weeks Ended December 1, 2024,Twelve-Week First Quarter Ended November 24, 2024 and for Year to Date First Thirteen Weeks