COSTCO

Costco reported January net sales of $15.76 billion, an increase of 15.5% from $13.64 billion in 2021.

Costco reported net sales of $22.24 billion for the five weeks ended Jan. 2, 2022, an increase of 16.2% from $19.14 billion last year.

Costco reported Q1 results with earnings, revenue and comparable sales that beat analysts despite ongoing supply chain disruptions and inflation pressures.

The first panel of DSN’s annual Industry Issues Summit highlighted how a laser focus on patients can drive improved outcomes.

Costco’s September sales increased 15.8% to $19.50 billion, same-store sales increased 14.3%, and online sales rose 10.6%.

The retailer reported that its fourth-quarter net sales rose 17.5% to $61.44 billion, just topping estimates of $61.41 billion, compared to $53.38 billion last year.

The warehouse club retailer’s net sales rose 16.6% to $15.21 billion for the four weeks ended Aug. 1, up from $13.04 billion in the year-ago period.

Costco has entered a delivery pilot for 25 locations across the state of Texas with Uber and Uber Eats.

Costco’s winning streak continued in June, with the retailer reporting a 16.9% year-over-year increase in sales and strong e-commerce growth.

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.