Costco reports store sales gains in March

Sales at Costco during March were up more than 8% company-wide as the retailer reported strong comparable store sales gains.

For the five-week period ending April 6, sales were $25.51 billion, an increase of 8.6% over March of 2024. Net sales for the first 31 weeks of the company’s fiscal year grew 8.3% to $158.87 billion.

Monthly comparable store sales excluding the impact of gas price and foreign exchange were up 9.1% company-wide. 

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By geographic segment, comp store sales were up 8.7% in the U.S., up 10.6% in Canada, and up 9.9% internationally. E-commerce comps were up 17.5%.

Company officials said March had an additional shopping day versus last year, due to the calendar shift of Easter. This positively impacted total and comparable sales by approximately one and one-half percent.

Costco currently operates 903 warehouses, including 623 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia.

This story originally appeared on sister publication Store Brands.