Core Insights - Costco Wholesale Corporation (COST) demonstrated strong comparable sales growth in April, driven by its competitive pricing and high-quality offerings, appealing to value-conscious shoppers [1][6] Sales Performance - For the four weeks ending May 4, 2025, comparable sales in the United States, Canada, and Other International markets grew by 5.2%, 1.5%, and 3.2% respectively, leading to a total company comparable sales increase of 4.4% [2] - The sales growth in April followed increases of 6.4% in March and 6.5% in February [2] - A calendar shift due to Easter resulted in one less shopping day in April compared to the previous year, negatively impacting total and comparable sales by approximately 1.5% to 2% [3] Adjusted Sales Figures - When excluding the effects of gasoline prices and foreign exchange rates, comparable sales in the United States rose by 7.1% in April, while Canada and Other International markets saw increases of 5% and 6.5% respectively, leading to a total comparable sales increase of 6.7% [4] E-commerce Growth - Costco's e-commerce comparable sales surged by 12.6%, or 13% when adjusted for gasoline prices and foreign exchange fluctuations [5] - Net sales for April reached 19.80 billion in the same period last year, following sales improvements of 8.6% and 8.8% in March and February respectively [5] Business Model and Investor Sentiment - Costco's membership-based business model, high membership renewal rates, efficient supply-chain management, and bulk purchasing power contribute to its competitive pricing and customer loyalty [6] - The company's shares have increased by 29.3% over the past year, outperforming the Retail – Discount Stores industry's growth of 14.6% [6]
Costco Delivers Decent April Comparable Sales Performance