the general assumption seems to be correct. So something can still happen with $COST (-0,14Â %) . Strong figures for June after the close of trading!
Investing.com - Shares of Costco Wholesale (NASDAQ:COST) rose 1% after the wholesale retailer announced an 8% increase in net sales for June. This indicates continued robust consumer demand.
For the retail month of June, a five-week period ending July 6, 2025, the company reported net sales of $26.44 billion. This represents an increase from the $24.48 billion reported in the same period last year. With this performance, Costco is continuing its stable growth trajectory: In the first 44 weeks of the financial year, net sales amounted to USD 227.46 billion, which also represents a year-on-year increase of 8%.
Like-for-like sales showed solid growth in all regions in the five-week period. Group-wide, they increased by 5.8%, with growth of 4.7% in the USA, 6.7% in Canada and a particularly strong performance of 10.9% in the other international markets. At 11.5%, e-commerce sales continued to grow faster than brick-and-mortar retail in the month under review.
Adjusted for the effects of petrol price changes and currency fluctuations, like-for-like sales growth was even stronger at Group level at 6.2%. Adjusted growth in the USA amounted to 5.5 %, while Canada and the other international markets achieved growth of 7.9 % and 8.2 % respectively.
The company's e-commerce business continued its double-digit growth. Adjusted like-for-like sales increased by 11.2% for the month and 16% for the 44-week period, underlining Costco's successful omnichannel strategy.
Despite general economic uncertainty, Costco continues to deliver consistently strong sales figures. The company benefits from its membership model and its reputation for value for money, which continues to attract consumer spending.
