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Highlights
- Costco's January net sales surged by 9.2%, reaching $19.51 billion.
- Comparable sales for the 22 weeks of fiscal 2025 increased by 6.0%.
- E-commerce growth remains robust, with a 13.6% increase in January sales.
Costco Wholesale Corporation (Nasdaq:COST) has posted impressive financial results for the retail month of January, marking significant growth across various metrics. The company reported net sales of $19.51 billion for the four-week period ending February 2, 2025, an increase of 9.2% from $17.87 billion during the same period last year. This stellar performance highlights Costco’s ongoing resilience in the retail sector as it continues to gain momentum.
For the first 22 weeks of the fiscal year, Costco’s total net sales reached $113.55 billion, reflecting a year-over-year growth of 8.2% from $104.94 billion during the same period in 2024. This robust sales performance is a testament to Costco’s strong market positioning, especially in the face of ongoing economic challenges.
The company's comparable sales—which measure growth at stores open for at least one year—also showed solid gains for both the four-week and 22-week periods. For the month of January, comparable sales for the total company rose by 7.5%, driven by a 9.2% increase in the U.S. Comparable sales in Canada were up 5.7%, while international markets outside North America experienced a more modest 1.1% increase.
In the 22-week period, Costco’s U.S. comparable sales rose by 6.6%, with Canada showing a 5.4% increase. Other international markets saw a 3.7% increase in comparable sales. Despite varying growth rates across regions, Costco continues to maintain consistent and strong performance globally.
When adjusting for changes in gasoline prices and foreign exchange fluctuations, the comparable sales growth was even stronger. For the month of January, the adjusted U.S. comparable sales increased by 9.2%, while Canada saw an impressive 12.3% increase, and other international markets experienced a solid 10.0% growth. Overall, total company comparable sales excluding these factors increased by 9.8%.
E-commerce also remained a significant growth driver for the company, reflecting the growing trend of online shopping. In January, Costco’s e-commerce sales increased by 13.6%, with a year-to-date growth of 16.6%. This shows that Costco’s online offerings continue to resonate with customers, further boosting its overall performance.
These figures demonstrate Costco’s ability to thrive in both physical and digital retail environments. With its strong results in January, the company has proven its resilience and adaptability in the evolving retail landscape. The solid growth in comparable sales and e-commerce indicates that Costco is well-positioned to continue its upward trajectory throughout the remainder of fiscal 2025.
