How much Costco Made this summer

The great retailer sales regularly increase in the course of the last four months.


Costco is undoubtedly one of the most popular retailers in the country, and the pandemic has onlyhas increased his foot traffic. Should the exorbitant costlong-line What trailed outside this Costco in California in March when coronavirus made its first impact on the United States?

Sales inevitably jumped into grocery stores across the country at the beginning of the pandemic as Americans in a hurry Stocksnon-perishable to prepare the lock. And while the thesaurisation behaviors has since ceased, the frequency with which the Americans food store has yet to lose momentum. As is the case for many of these great names, Costco has benefited from this radical change in consumer behavior and effectively impact higher sales than the average during the summer months. (In touch:These are the safest grocery chains to buy right now)

From May,Net sales increased 7.5% to $ 12.6 billion, compared to the same month before the year. In June sales increased again, but this time from 11% to $ 16.3 billion. At the end of July, sales reached $ 13 billion an increase of 14.1% from the same month in 2019. As from the month just ended, the company had its greatest jump in sales. 'summer. In August, Costco's net sales increased by 15% to $ 13.56 billion. (In touch:35 Cheap Costco buys who are membership Worth It)

Now when you add all net sales of the fourth quarter of 16 weeks,that the total number is equivalent to an exorbitant amount $ 52.3 billion. For the perspective, at the same time last year, the retailer recorded net sales of $ 46.4 billion,Which means its turnover increased by 12.7% this year.

Costco stands out from his competitors largely because she sells everything in bulk, right? But how about the company's brand bakery products? Huge cakes leaves toMini buns with cinnamonIt is no wonder the retailer continued to see so much success for a rather dark time.

For more, discover5 items new costco bakery drool this fall.


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