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Costco Reports Increase in January 2022 Sales

03/08/2022

In a February 2nd release, Costco Wholesale Corporation reported sales of $15.76 billion for the four weeks ending January 30, 2020.  This value was 15.5 percent higher than the corresponding period in 2021.  Part of the increase, especially in international sales, related to the commencement of the Lunar New Year on February 1st enhancing late January sales.

 

Comparable same store sales attained 9.5 percent in January for the U.S., 13.9 percent for Canada, and 14.6 percent for other international companies contributing to a global company increase of 10.8 percent. (Excluding gasoline and foreign exchange).  E-commerce increased by 9 percent.