ISSAQUAH, Wash., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.17 billion for the retail month of November, the four weeks ended November 27, 2022, an increase of 5.7 percent from $18.13 billion last year. For the twelve-week first quarter ended November 20, 2022, the Company reported net sales of $53.44 billion, an increase of 8.1 percent from $49.42 billion last year. For the thirteen weeks ended Novemb
Costco Wholesale (NASDAQ: COST) and Walmart (NYSE: WMT) are the two largest discount retailers in the industry. This has helped Costco and Walmart provide market-beating returns this past year. Costco is down 5% and Walmart is up by 6%.
Costco is a very popular warehouse club, and for good reason. Costco's house brand, Kirkland, also offers many products that have devoted fans reaching for their credit cards. In fact, finance expert Dave Ramsey warns about a common error you need to avoid so you don't end up wasting money even as you're trying to save some cash.