Costco reports 11.5% increase in Canadian sales for retail month of April
Net sales for the first 31 weeks of the club's fiscal year were $197.18 billion
Costco Wholesale Corp. reported net sales of $23.92 billion for the retail month of April, up from $21.18 billion last year.
Comparable sales increased 11.5% in Canada and 11.7% in the U.S. Other International sales rose by 11.5%, while Digitally Enabled sales increased by 18.8%.
Net sales for the first 31 weeks of the club's fiscal year, ended May 3, were $$197.18 billion, an increase of 9.5% from $$180.05 billion.
April had one additional shopping day versus last year, due to the calendar shift of Easter, Costco said, positively impacting total and comparable sales by approximately one and one-half to two percent.
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