4 minutes

Costco Monthly Sales, May 2020: Comp Growth Accelerates as E-Commerce Sales Double

Company Earnings Update
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
Other Contributors:
Alisha Aranha
Anand Kumar, Associate Director of Research
4 minutes

Reasons to Read

We review comparable sales metrics reported by Costco for the month of May 2020, including the following:

  • Year-over-year same-store sales growth—global and US comps
  • Global online comparable sales
  • Performance by segments

We also consider the factors that impacted comparable sales in May, including the coronavirus pandemic and gasoline price deflation.

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