ISSAQUAH, WA - Costco Wholesale Corporation reported net sales of $21.87 billion for the retail month of November, the four weeks ended December 1, 2024, an increase of 5.6 percent from $20.71 billion last year.

For the 12-week first quarter ended November 24, 2024, the Company reported net sales of $60.99 billion, an increase of 7.5 percent from $56.72 billion last year.

Net sales for the first 13 weeks were $66.52 billion, an increase of 7.2 percent from $62.04 billion last year.

E-commerce sales in November were negatively impacted by an estimated 15 percentage points, due to Thanksgiving/Black Friday/Cyber Monday occurring a week later this year versus last year. Total and comparable sales were negatively impacted by approximately one and one-half percent as a result of the shift in e-commerce sales.

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, December 11, 2024, a press release stated.

Costco currently operates 897 warehouses, including 617 in the United States and Puerto Rico, 109 in Canada, 41 in Mexico, 36 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.

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