According to a Company release on August 3rd Costco Wholesale Corporation (COST) reported net sales of $16,850 million for the retail month of July comprising four weeks ending July 31st.  Revenue was 10.8 percent higher than the $15,210 million for the corresponding month in 2021.

A breakdown of sales, excluding gasoline and foreign exchange, increased by 5.8 percent in the U.S., 11.5 percent in Canada and 9.4 percent for Other International.  Total company sales increased by 7.0 percent and E-commerce by 11.5 percent.

The July retail month had one fewer shopping day in the U.S. compared to 2021 reducing potential revenue by 2.5 percent.

Costco currently operates 834 warehouses with 575 in the U.S., 107 in Canada and 152 in the International Segment among ten nations.