Costco Wholesale (COST) investor relations material

Sales Performance Overview

• Net sales for April reached $23.92 billion, up 13.0% from last year, aided by an extra shopping day due to Easter, which boosted sales by 1.5%-2%.

• Comparable sales rose 11.6% overall, with U.S. at 11.7%, Canada at 11.5%, and other international at 11.5%.

• Digitally enabled comparable sales increased 18.8% for April.

• Excluding gasoline and foreign exchange, total comparable sales increased 7.4%.

Key Drivers and Regional Highlights

• Gas price inflation contributed 3.2% to comp sales, with average selling price per gallon up 26.7% year-over-year.

• Foreign exchange had a positive impact, especially in Canada (+1.5%) and other international markets (+3.5%).

• Midwest, Southeast, and Northeast led U.S. regional growth; Australia, Taiwan, and the UK were strongest internationally.

Merchandising and Category Performance

• Foods and sundries grew mid-single digits, with frozen foods, candy, and food outperforming.

• Fresh foods rose high single digits, led by meat and deli.

• Non-foods increased mid to high single digits, with home furnishing, jewelry, and tires as top performers.

• Ancillary business sales surged mid 30s, with gas, pharmacy, and hearing aids leading; gas sales up low 40s due to price and volume growth.