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Costco sales reach $19.51 billion in January

Canadian sales up 5.7%
Jillian Morgan, female, digital editor for Canadian Grocer
exterior of costco store in ottawa
Exterior of a Costco warehouse in Ottawa.

Costco Wholesale Corp. reported net sales of $19.51 billion for the retail month of January, up from $17.87 billion last year.

Net sales for the first 22 weeks of the year came to $113.5 billion, a year-over-year increase of 8.2%.

Comparable sales rose 5.7% in Canada last month, while U.S. sales were up 9.2%. Other international sales increased by 1.1% and e-commerce sales saw a 13.6% increase.

The wholesale club operator will release its second quarter earnings on March 6.

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