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Costco Wholesale Corporation Reports April Sales Results
COSTCostco(COST) GlobeNewswire·2025-05-07 20:15

Core Insights - Costco reported net sales of 21.18billionforApril2025,a7.021.18 billion for April 2025, a 7.0% increase from 19.80 billion in April 2024 [1] - For the first 35 weeks of the fiscal year, net sales reached 180.05billion,up8.2180.05 billion, up 8.2% from 166.44 billion in the same period last year [1] - Comparable sales for the four weeks ended May 4, 2025, showed a total company increase of 4.4%, with U.S. sales up 5.2% and Canadian sales up 1.5% [1][2] Sales Performance - Comparable sales excluding gasoline price and foreign exchange impacts were 6.7% for the four weeks and 8.1% for the first 35 weeks [2] - E-commerce sales saw significant growth, with a 12.6% increase for the four weeks and a 16.3% increase for the first 35 weeks [1][2] Operational Insights - Costco operates 905 warehouses globally, with 624 located in the U.S. and Puerto Rico, and additional locations in Canada, Mexico, Japan, the U.K., and other countries [4] - The company also runs e-commerce sites in multiple countries, including the U.S., Canada, and Australia [4] Calendar Impact - April 2025 had one less shopping day compared to the previous year due to the Easter calendar shift, negatively impacting total and comparable sales by approximately 1.5% to 2% [3]