Costco December Sales Show Robust Growth

Costco closed out 2024 and the holiday season with a strong December as sales across the company for the five week period ended January 5 were up 9.9% to $27.52 billion.

Company-wide comparable store sales without fuel were up 9.9%. By geographic segment, U.S. comparable store sales were up 9.8%, up 10.3% in Canada, and 9.8% in Other International. E-commerce comparable sales were up 35.7%.

Company officials said e-commerce sales in December were positively 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 positively impacted by approximately one and one-half percent as a result of the shift in E-commerce sales.

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.