Costco’s sales in Canada rise in October

Costco Wholesale Corp. reported net sales of $20.03 billion for the retail month of October, up from $18.7 billion last year.

Comparable sales in Canada rose 8%. Total company sales were up 7.1% for the four-week period, while e-commerce sales increased by 19.3%. Comparably, U.S. sales increased by 4.1%.

The company said October’s results were negatively affected by a pull forward in sales from the abnormal consumer activity associated with the hurricanes and port strikes in September.

Costco said the estimated impact on October’s total and comparable sales was just over 1% in the U.S. and slightly less than 1% worldwide.

Net sales for the first nine weeks of the fiscal year were $44.65 billion, up 8% year-over-year.