Costco Q1: strong start in China and new ecommerce initiatives

Date : 13 December 2019

Stewart Samuel

Director of Retail Futures

Costco’ new financial year saw a continuation of the strong results of the last year. We review its performance and how new ecommerce initiatives and its launch in China have contributed to its growth. Comparable club sales up 5.0% Costco’s Q1 net sales increased 5.6% to $36.2bn, with…
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