Costco Wholesale Corp. reported this week that its Q2 net sales rose 14.7 percent to nearly $43.9 billion, from $38.36 in Q2 of 2020. Total revenues of $44.77 billion compared to $39.07 billion a year ago and beat estimates of $43.8 billion. Earnings of $2.14 per share, which include the cost of pandemic wage premiums, beat the forecast of $2.45. Sales through the online channel soared by 75.8 percent, while comp sales in Canada grew by 13.4 percent.
Costco posts Q2 growth as e-retail booms
Most Recent
Most Read
Trump threatens 35 percent tariffs on Canadian goods
Fri, July 11th, 2025
Westcap acquires Darmac Framing Systems through portfolio company
Fri, July 11th, 2025
Richelieu posts Q2 financials
Fri, July 11th, 2025
RONA unveils 2024 sustainable activities
Thu, July 10th, 2025
Throwback Thursday: 25 years ago Canadian Tire launched its "Radio Days" summer promotion
Thu, July 10th, 2025
RONA Foundation supports Canadian non-profits
Wed, July 09th, 2025
Dealer News looks at Hardlines Conference, Home Depot acquisition
Wed, July 09th, 2025
BMR and Pierre Naud continue Quebec expansion
Tue, July 08th, 2025
RONA raises $365,000 for the Fondation Charles-Bruneau
Tue, July 08th, 2025
Trex releases 2024 sustainability report
Mon, July 07th, 2025