Entering text into the input field will update the search result below

Costco Wholesale June comparable sales up 18%

Jul. 08, 2022 5:59 AM ETCostco Wholesale Corporation (COST)By: Niloofer Shaikh, SA News Editor11 Comments

Costco Announces Raising Minimum Wage to $16 An Hour

Mario Tama/Getty Images News

  • Costco Wholesale Corporation (NASDAQ:COST) reported net sales of $22.78B for the retail month of June, +20.4% Y/Y.
  • Comparable sales up 18.1% with e-commerce sales +7%.
  • On YTD basis, net sales grew 16.9% Y/Y to $188.34B and comp sales grew 15%.
  • Excluding the impacts from changes in gasoline prices and foreign exchange, comparable sales for the month increased 13%.
  • Stock rated Buy by Wall Street Analysts and Hold by SA quant rating system.
  • Shares down ~13% on YTD basis.

Recommended For You

Comments (11)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

Alexander Ebbinghouse profile picture
Just broke above $500 again. Great results!
Compare to comp sales of WMT and TGT, both in the 3.5% range.
Mike Nadel profile picture
Monster of a company. Best business model in all of retail, and one of the best in any sector or industry anywhere.
Inflation of 9%... thats still a 9% growth rate.. Long COST! I need to add to my position!
@Valuestocks007 it's actually way better than 9% because the big price raises are in energy. So once people buy gas and other esential stuff, rhey have less money to spend.
@FilterB i would say we have price increases in alot of areas but energy is certainly the top sector.
vooch profile picture
Back of the envelope figuring reckons volume flat revenues up as a result of inflation. Thoughts ?
@vooch They are delaying an increase in the membership fee, but it will happen eventually.
@vooch False.
@vooch Your negative bent needs therapy.
Just rolling along with double digit sales growth. Deserves its high valuation.

About COST

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
Costco Wholesale Corporation
Walmart Inc.
Wal-Mart de México, S.A.B. de C.V.
Target Corporation
Dollar General Corporation
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.