Costco had a strong start in January, with e-commerce business growing 15.2%

It is learned that on February 6, according to foreign media reports, Costco had a strong start in 2025, with net sales in January increasing by 9.2% year-on-year to US$19.51 billion, pushing the cumulative sales for the fiscal year to exceed US$113.5 billion.

Costco's total net sales increased 8.2% year-on-year in the 22 weeks ending February 2. Costco's stock price rose 2% on Wednesday to a record high of $1,042.88. Data showed that total comparable sales increased 7.5% in January, with the U.S. market increasing by 9.2%, Canada increasing by 5.7%, and other international markets increasing slightly by 1.1%. E-commerce sales increased by 13.6% in the same store, driving the cumulative e-commerce sales growth of 16.6% in the 22 weeks.

Excluding the impact of gasoline prices and foreign exchange, overall comparable sales in January increased by 9.8%, with the United States, Canada and other international markets increasing by 9.2%, 12.3% and 10% respectively, and e-commerce sales increasing by 15.2%.

E-commerce business continues to be Costco's main growth engine. Sales growth benefited from the expansion of product categories, including high-demand commodities such as household goods, electronics and gold bars, while cooperation with Uber Eats and Instacart improved delivery efficiency. In addition, real-time inventory updates and the expansion of Costco Next business also promoted the optimization of online shopping experience.

Author ✎ Rayna/

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