Costco to scan members’ cards at entry; July sales strong
In other news, Costco reported that its its net sales in July rose 7.1% year-over-year.
Total company same-store sales rose 5.2%, and were up 5.3% in the U.S., 6.3% in Canada and 3.7% internationally. E-commerce sales jumped 20.2%.
Excluding the impacts from changes in gasoline prices and foreign exchange, total same-store sales rose 7.2%, and were up 6.3% in the U.S., 10.2% in Canada and 8.9% internationally.
Costco currently operates 884 warehouses, including 611 in the United States and Puerto Rico, 108 in Canada, 40 in Mexico, 33 in Japan, 29 in the United Kingdom, 18 in Korea, 15 in Australia, 14 in Taiwan, seven in China, four in Spain, two in France, and one each in Iceland, New Zealand and Sweden.
Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan and Australia.