Costco bucks trend with traffic and basket growth

Date : 11 December 2020

Stewart Samuel

Director of Retail Futures

We review Costco’s first quarter results and how the underlying strength of its proposition is driving up traffic and basket size. First quarter key numbers Net sales increased 16.9% to $42.4bn Comparable stores sales (ex-fuel and currency impacts) increased 17.1%, with US up 17.0%,…
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