Benzinga | Jul 8, 2021 04:16PM EDT

Costco Wholesale Corporation June 2021 Sales $18.92B Vs $16.18B

Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $18.92 billion for the retail month of June, the five weeks ended July 4, 2021, an increase of 16.9 percent from $16.18 billion last year.



For the forty-four weeks ended July 4, 2021, the Company reported net sales of $161.09 billion, an increase of 18.1 percent from $136.37 billion last year.

Comparable sales were as follows:

5 Weeks 44 WeeksU.S. 12.1% 14.9%Canada 23.4% 21.0%Other International 15.4% 20.2%Total Company 14.1% 16.4%E-commerce 20.8% 53.4%

Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:

5 Weeks 44 WeeksU.S. 7.8% 14.4%Canada 8.9% 13.5%Other International 6.8% 14.5%Total Company 7.9% 14.3%E-commerce 18.0% 51.5%

This year's June retail month had one fewer shopping day versus last year, due to the calendar shift of Memorial Day. This shift negatively impacted sales by approximately one and one-half to two percent.

Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 8281958). This message will be available through 5:00 p.m. (PT) on Thursday, July 15, 2021.