COST - Costco Wholesale Corporation Reports November Sales Results and the Passing of Long-Time Board Member Charles Munger | Benzinga
ISSAQUAH, Wash., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $20.14 billion for the retail month of November, the four weeks ended November 26, 2023, an increase of 5.1 percent from $19.17 billion last year.
For the twelve weeks ended November 26, 2023, the Company reported net sales of $56.71 billion, an increase of 6.1 percent from $53.44 billion for the twelve weeks of fiscal year 2023 ended November 20, 2022.
Net sales for the twelve weeks were benefitted by approximately one-half to one percent in the U.S. and worldwide from the shift of the fiscal calendar, as a result of the fifty-third week in fiscal year 2023.
The following comparable sales reflect comparable locations year-over-year and comparable retail weeks.
Comparable sales for the periods ended November 26, 2023 were as follows:
| 4 Weeks |
| 12 Weeks |
| U.S. |
| 1.8% |
| 2.0% |
| Canada |
| 4.4% |
| 6.4% |
| Other International |
| 11.7% |
| 11.2% |
| Total Company |
| 3.5% |
| 3.8% |