By Yasin Ebrahim

Investing — Costco reported Thursday comparable retailer gross sales grew 15.5% in Could, pushed by development in its core home markets. 

Costco Wholesale (NASDAQ:) was flat in aftermarket hours.

Web gross sales rose to $18.23 billion within the 4 weeks ended Could 29, 2022, a rise of 16.9% from $15.59 billion final 12 months.

Comparable gross sales within the U.S. and Canada led the good points, each up 17.5% and 17.4% respectively in Could, whereas worldwide was up 2.6%. 

E-commerce gross sales have been up 6.3% in Could.