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Costco (COST) sales update for July 2020 tops $13 billion

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Category: Costco (COST)
Date: 18 August 2020
Costco (COST) stock price: $339.96

​We take a look at the July 2020 sales update provided by Costco (COST). For the month of July 2020, Costco reported net sales of $13.04 billion up 14.1% compared to the same period of the previous year. The group has weather the Covid-19 pandemic storm very well.
Apple 4th quarter 2019 earnings report
  • ​More About Costco ​(COST)
Despite the challenges of the COVID-19 global pandemic, we were still able to achieve a strong start to the year "

More About Costco (COST)

​Costco currently operates 783 warehouses, including 544 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 11 in Australia, two in Spain, one in France, one in Iceland, and one in China. Costco also operates e-commerce web sites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.
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Costco sales update for July 2020

​ISSAQUAH, Wash., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $13.04 billion for the retail month of July, the four weeks ended August 2, 2020, an increase of 14.1 percent from $11.43 billion last year. For the forty-eight weeks ended August 2, 2020, the Company reported net sales of $149.66 billion, an increase of 8.8 percent from $137.56 billion during the similar period last year.

                                           Latest 4 week period          Last 48 weeks
  • U.S.:                                    13.3%                               7.7%
  • Canada:                             10.4%                                4.2%
  • Other International         15.9%                               8.3%
  • Total Company:                13.2%                               7.3%
  • E-commerce*:                    75.3%                              45.4%
*E-commerce made up 75.3% of Costco sales over the last 4 weeks

Costco (COST) stock vs Walmart (WMT) stock over the last 5 years

The image below shows the stock price history of Costco (COST) and Walmart (WMT) over the last 5 years. These two companies are two of the biggest general retailers in the world. The summary below shows the stock price performance of the two giant retailers over the last 5 years (ranked from best to worst)
  • Costco: 140.85%
  • Walmart: 110:95%
Costco (COST) stock vs Walmart (WMT) stock over the last 5 years
Costco (COST) stock vs Walmart (WMT) stock over the last 5 years

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  • ​More About Costco ​(COST)​

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