COSTCO

The retailer reported that its sales rose 24.2% to $15.59 billion in May, and same-store sales rose 22.8%.

Costco said that its sales rose 17.6% to $18.21 billion in March, and total same-store sales increased 16%.

Costco will increase its minimum wage by $1 to $16 for its 180,000 employees.

Costco said that its e-commerce sales increased 91%, U.S. same-store sales increased by 16.4%, and traffic to warehouses increased by 6.2%.

Costco’s net sales for the month of September rose 16.9% to $16.84 billion, and comparable sales rose 15.5%.

Costco Wholesale ended its fiscal year on a strong note as consumers continued to shop its stores to stock up on items amid the pandemic.

Liquid I.V.’s Energy Multiplier, launching exclusively at Costco, features a blend of matcha, guayusa and ginger.

Costco reported that its sales in July rose 14.1% to $13.04 billion, from $11.43 billion in the year-ago period.

Costco reported that its net sales in May rose 7.5% to $12.6 billion, and total same-store sales increased 5.4%.

Costco’s net income fell to $838 million, but net sales increased by 7.3% to $36.45 billion in the quarter ended May 10.

Costco customers who use 200 locations in seven states and Washington, D.C. now can have their prescriptions delivered by Instacart along with other items from the club retailer.

Costco reported stronger earnings and sales than analysts had expected as shoppers stock up on goods in light of the coronavirus outbreak.