Costco Wholesale Corporation Reports May Sales Results
Rhea-AI Summary
Positive
- Net sales increased 6.8% to $20.97 billion for May 2025
- Year-to-date net sales grew 8.0% to $201.02 billion
- E-commerce sales showed strong growth of 11.6% in May
- Core sales growth (excluding gas and forex) was robust at 6.0% for May
- Global expansion continues with 905 warehouses across 13 countries
Negative
- U.S. comparable sales growth of 4.1% was lower than other regions for May
- Canadian comparable sales showed slower growth at 3.3% for the month
News Market Reaction
On the day this news was published, COST declined 3.89%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
ISSAQUAH, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of
Net sales for the first 39 weeks were
Comparable sales for the periods ended June 1, 2025, were as follows:
| 4 Weeks | 39 Weeks | ||
| U.S. | |||
| Canada | |||
| Other International | |||
| Total Company | |||
| E-commerce | |||
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:
| 4 Weeks | 39 Weeks | ||
| U.S. | |||
| Canada | |||
| Other International | |||
| Total Company | |||
| E-commerce | |||
Additional discussion of these results is available in a pre-recorded message. It can be accessed by visiting investor.costco.com (click on “Events & Presentations”). This message will be available through 4:00 p.m. (PT) on Wednesday, June 11, 2025.
Costco currently operates 905 warehouses, including 624 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 37 in Japan, 29 in the United Kingdom, 19 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, two in France, and one each in Iceland, New Zealand, and Sweden. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, and Australia.
Certain statements contained in this document and the pre-recorded message constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs and wages), workforce interruptions, energy and certain commodities, geopolitical conditions (including tariffs), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to environmental and social matters, public-health related factors, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with U.S. GAAP.
| CONTACTS: | Costco Wholesale Corporation Josh Dahmen, 425/313-8254 Andrew Yoon, 425/313-6305 |
COST-Sales
FAQ
What was Costco's (COST) total sales growth in May 2025?
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What was Costco's comparable sales growth excluding gas prices and foreign exchange?
