Costco (Nasdaq NASDAQ::) reported March net sales of $21.61 Billion (in five weeks ending April 3, 2022), an 18.7% increase year-over-year.

March comparable sales increased 17.2%. This reflects an increase of 19.1% and 15.7% in the United States and Canada respectively. Including the effects of foreign exchange and gasoline price changes, the comparable sales increased 12.2% due to improvements of 12.7% and 12.2% in the United States and Canada.

For the entire period, e-commerce sales rose 8.9%

By Davit Kirakosyan