Costco's online sales momentum is strong! Sales increased by 20.8% in June

It is learned that according to Costco’s latest report, in the five weeks ending July 4, Costco’s sales increased from US$16.18 billion to US$18.92 billion, a year-on-year increase of 16.9%, with e-commerce sales growth being very strong.

In the June sales ending July 4, Costco's e-commerce sales increased by 20.8%, and the compound sales increased by 14.1%, of which the compound sales in the US market increased by 12.1%. Excluding the impact of gasoline prices and exchange rate changes, Costco's total sales increased by 7.9%.

Data showed that in the 44 weeks ending July 4, Costco's overall sales increased 18.1% to $161.1 billion from $136.4 billion a year ago, with online sales increasing 53.4%.

It is reported that there are currently 810 Costco warehouses, including 559 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, and one each in Iceland, France and China.

Costco is canceling the special hours it had set for seniors and members with disabilities who are immunocompromised during the pandemic, and said on its COVID-19 update page that it plans to resume normal hours starting July 26.

Editor✎ Irene/

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