Costco Canada's October sales soar
Both e-commerce and in-store sales get a boost in the four-week period
Costco Wholesale Corporation reported net sales of US$13.82 billion for the retail month of October, an increase of 15.9% from $11.92 billion last year.
Costco’s same-store sales in Canada for the four weeks ended Nov. 1 increased 13.9%. Comparable sales–excluding the impact of gasoline sales and foreign currency fluctuations-increased 15.2% at stores in Canada.
E-commerce sales for the warehouse club operator were also strong. Costco, which operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia, reported an online sales increase of 91.1%