ISSAQUAH, Wash. — Costco Wholesale Wednesday evening reported net sales of $9.8 billion for the month of August, the four weeks ended Aug. 27, an increase of 10% as compared to the similar period last year.
Comparable sales in the U.S. market were up 7.4% for the four-week period.
In addition, comparable e-commerce sales across all global markets for the four-week retail period were up 26%.
ISSAQUAH, Wash. — Costco has named one of its longtime directors chairman of its board of directors. The company on Thursday announced the board’s board election of Hamilton “Tony” James to the position.
James is Blackstone Group president and COO, as well as a member of Blackstone Group Management’s board of directors. He is a member of Blackstone Management Committee and sits on each of the firm’s investment committees. James has been a director of Costco since August 1988, becoming its lead independent director in 2005.
ISSAQUAH, Wash. — Costco Wholesale Corp. turned in a winning performance in July, fueled by strong traffic trends.
The company reported that its net sales in July rose 8.8% to $9.41 billion, compared with $8.65 billion during the similar period last year. Total company same-store sales rose 6.2%, with a 6.0% increase in the United States. Excluding the impacts from changes in gasoline prices and foreign exchange, total same-store sales rose 5.3%, and 5.5% in the U.S.