Costco reports November SSS growth 3.5%, net sales $20.14B, up 5.1%

Costco Wholesale Corporation reported net sales of $20.14B for the retail month of November, the four weeks ended November 26 , an increase of 5.1% from $19.17B last year. For the twelve weeks ended November 26 the Company reported net sales of $56.71B, an increase of 6.1% from $53.44B for the twelve weeks of fiscal year 2023 ended November 20, 2022. Net sales for the twelve weeks were benefitted by approximately one-half to one percent in the U.S. and worldwide from the shift of the fiscal calendar, as a result of the fifty-third week in fiscal year 2023. November SSS growth 3.5% ex FX-gas up 4.4%.