Costco sees sales rise in March

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  • Costco sees sales rise in March
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ISSAQUAH, Wash. – Costco Wholesale Corp. recently reported net sales of $18.21 billion for the retail month of March, the five weeks ended April 4.

That’s an increase of 17.6% from $15.49 billion last year.

For the 31-week period that ended April 4, the company reported net sales of $111.37 billion, an increase of 15.7% from $96.25 billion during the similar period last year, the company said in a news release.

This year’s five-week March retail month had one fewer shopping day than last year, due to the calendar shift of Easter. This had a negative effect on total and comparable sales by approximately 1.5 to 2%.

Additional discussion of these results is available in a prerecorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 3146223). This message will be available through 5 p.m. Pacific Time Wednesday.