Stock Market News
Costco Comparable Stores Sales Up 15.5% in May
2022.06.03 00:21
By Yasin Ebrahim
Investing — Costco reported Thursday comparable store sales grew 15.5% in May, driven by growth in its core domestic markets.
Costco Wholesale (NASDAQ:COST) was flat in aftermarket hours.
Net sales rose to $18.23 billion in the four weeks ended May 29, 2022, an increase of 16.9% from $15.59 billion last year.
Comparable sales in the U.S. and Canada led the gains, both up 17.5% and 17.4% respectively in May, while international was up 2.6%.
E-commerce sales were up 6.3% in May.
