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Costco Wholesale announces August sales results with 16.2 pct increase

SAN FRANCISCO
2021-09-02 05:13

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SAN FRANCISCO, Sept. 1 (Xinhua) -- U.S. Costco Wholesale Corporation on Wednesday reported its net sales of 15.75 billion U.S. dollars for the retail month of August, the four weeks ending Aug. 29, an increase of 16.2 percent from the comparable 13.56 billion dollars last year.

For the 16-week fourth quarter ending Aug. 29, 2021, the company reported net sales of 61.4 billion dollars, an increase of 17.4 percent compared to the net sales of 52.3 billion dollars during the similar period last year.

For the 52-week fiscal year ending Aug. 29, 2021, the company reported net sales of 192.1 billion dollars, an increase of 17.7 percent from the 163.2 billion dollars during the similar period last year.

Costco currently operates 815 warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom.

The company opened its first store in Shanghai of China in August 2019, and it is planning a second store in the city.
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