Costco reports April comparable sales growth of 12.6%
Costco Wholesale (NASDAQ:COST) on Wednesday reported Apr. comparable salesÂ growth of 12.6%, with net sales up 13.9% Y/Y at $17.33B.
Total comparable sales excluding impacts from changes in gasoline prices and forex grew 8.7%.
E-commerce comparable sales increased 5.7%, andÂ excluding the above mentioned impacts, grew 6.2%.
This year's Apr. retail month had 1 shopping day less than last year due to the calendar shift of Easter.
This negatively hit total and comparable sales by ~2-2.5%.