Costco bucks trend with traffic and basket growth

Date : 11 December 2020

Stewart Samuel

Program Director - Canada

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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