ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $10.71 billion for the retail month of January, an increase of 8% from $9.92 billion last year. For the 22 weeks ended February 3, 2019, the company reported net sales of $63.7 billion, an increase of 9.3% from $58.30 billion during the similar period last year. The earlier occurrence of the Lunar New Year this year boosted sales outside the U.S. and Canada by about 4.5% and total sales by about 0.5%, with a commensurate negative impact expected the same time next year.
Chinese New Year boosts Costco sales in January
Most Recent
Most Read
BeautiTone unveils 2025 Colour of The Year
Fri, October 04th, 2024
Building materials prices slump in Quebec
Fri, October 04th, 2024
Amazon slated to hire 9,000 employees
Fri, October 04th, 2024
Grainger begins work on warehouse
Thu, October 03rd, 2024
Port strike could cost U.S. economy billions
Thu, October 03rd, 2024
Small businesses to get carbon rebates
Thu, October 03rd, 2024
Port strikes across North America loom large
Wed, October 02nd, 2024
Minimum wage climbs in four provinces
Wed, October 02nd, 2024
U.S. construction spending dips unexpectedly
Wed, October 02nd, 2024
Canfor announces CEO’s departure
Tue, October 01st, 2024