Costco Advances Through March

For the fiscal month of March, Costco reported a comparable sales gain of 5.9%, excluding the effects of fuel price and foreign exchange rate volatility as well as an accounting change.

Without gas and foreign exchange impacts, comps advanced 5.5% in the United States, 6.7% in Canada and 7.4% in other international territories. E-commerce comps increased 20.1%

The current fiscal year March retail month had one more shopping day versus last year due to the calendar shift of Easter, Costco pointed out.

Net sales were $13.87 billion up 7.4% from March 2018.