Costco Wholesale Corporation announced robust sales results for December, with net sales increasing by 9.9% to $27.52 billion for the five weeks ending January 5, 2025. This performance highlights strong consumer spending during the holiday season.
Comparable sales for the month rose by 7.4% year-over-year, indicating healthy underlying demand across its operations. A significant driver of this growth was the e-commerce segment, which saw sales jump by an impressive 34.4%.
The company attributed the substantial e-commerce surge to the later timing of Thanksgiving, Black Friday, and Cyber Monday in the calendar compared to the previous year. These strong December figures underscore Costco's ability to capture holiday spending and leverage its digital channels effectively.
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