Costco Dec Sales Top $19 Billion

Costco’s December sales top $19 billion

By Claudia Assis, MarketWatch

Jan. 6, 2021

Costco Wholesale Corp. said its December net sales rose slightly more than 12%, at a slower pace than in previous months.

Costco shares rose 0.1 % in the extended session Wednesday, after closing 1.5% lower in the trading day.

Costco said late Wednesday that its December net sales reached $19.14 billion, an increase of 12.3% from $17.04 billion in December 2019.

Costco and other retailers have enjoyed pandemic-related sales surges in recent months as shoppers sought to stock up on items.

For the 18 weeks ended Jan. 3, the company reported net sales of $65.47 billion, an increase of 14.9%.

Online comparable-sales rose 62% in December, also a decrease from previous months...

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