On Mat 3rd Costco Wholesale Corporation (COST) reported sales for April 2023. For the month sales attained $17,850 million (excluding fuel sales and foreign exchange), up 3.0 percent from the value of $17,330 million during April 2022.
Same store sales increased 2.9 percent for the U.S.; 8.3 percent for Canada and 7.3 percent for international warehouses. Company-wide same-stores sales advanced by 4.3 percent. E-commerce was 4.9 percent lower.
Costco Wholesale Corporation operates 851 warehouses with 585 in the U.S.; Canada, 107; Mexico, 49 and the remainder in eleven other nations.
Costco closed on Wednesday May 3rd at $495.44 but fell to $489.42 at close the following day. but opened on Thursday, December 3rd at $376.63 closing the following day at $374.05 but rising with the market to $501.59 on May 11th. COST had a market capitalization of $222,300 million on May 11th and traded with a forward P/E of 34.2. On a 12-month trailing basis Costco achieved an operating margin of 3.4 percent and a profit margin of 2.6 percent. The company generated a return on assets of 7.l6 percent and 28.4 percent on equity.