Bulletin
Investor Alert

Jan. 6, 2021, 4:45 p.m. EST

Costco’s December sales top $19 billion

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Costco Wholesale Corp. (COST)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Claudia Assis

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

Costco /zigman2/quotes/201191698/composite COST -0.54% 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.

The December numbers come on the heels of a 15.1% sales jump in November and a 16% sales rise in October.

Shares of Costco have gained 27% in the past 12 months, compared with gains around 16% for the S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.95% .

/zigman2/quotes/201191698/composite
US : U.S.: Nasdaq
$ 317.32
-1.72 -0.54%
Volume: 8.10M
March 5, 2021 4:00p
P/E Ratio
32.45
Dividend Yield
0.88%
Market Cap
$140.46 billion
Rev. per Employee
$610,846
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,841.94
+73.47 +1.95%
Volume: 3.33B
March 5, 2021 5:44p
loading...

Get news alerts on Costco Wholesale Corp. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.