By Kimberly Chin

 

Costco Wholesale Corp.'s net sales jumped 34% in the month of April, continuing its strong sales momentum.

Net sales were $15.21 billion in the four weeks ended May 2, up from $11.39 billion in the same period last year.

Comparable sales, or those from Costco warehouses open for more than a year, rose 33%, across all its regions. U.S. comparable sales increased 30%. Meanwhile, e-commerce sales rose 21% in April from the prior year.

Excluding gasoline prices and foreign exchange rates, comparable sales were 24% company-wide. It was up 25% in the U.S. as adjusted. Online sales rose 17% by the same measure.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

May 05, 2021 16:43 ET (20:43 GMT)

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