Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. Costco has made a name for itself worldwide as a members-only wholesale retailer with warehouse style stores. Costco in the U.S. Costco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Among the top three mass market retailers in the United States: Walmart, Costco, and Target; Costco had the highest average sales volume per store, at *** million U.S. dollars as of 2023. Costco Customers Costco sets itself apart from many other mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. A 2023 survey found that the largest share of Costco’s American customer base is between the ages of 18 and 49 years. The company also prides itself in having the highest customer satisfaction rating of any department or discount store in the United States in 2023.

In 2024, Costco generated ***** billion U.S. dollars in revenue from their operations in the United States. In Canada and through its international ventures the company generated **** billion and **** billion U.S. dollars, respectively. Costco Wholesale CorporationCostco opened its first warehouse in Seattle, Washington in 1983 and has since expanded to become one of the most respected and valuable retailers in the United States and worldwide. Over the last several years, Costco has seen a yearly increase in its global net sales, rising from ***** billion U.S. dollars in 2014 to ***** billion U.S. dollars by 2024. The company operates warehouse clubs in a number of countries around the world. However, the vast majority of the retailer’s warehouses are still located in their home market of the United States. Costco Customers Costco stands out among numerous mass merchants by requiring customers to pay a yearly membership fee in order to shop at its locations. In 2023, the majority of Costco’s American customer base fell within the age range of 18 to 49 years. The company takes pride in achieving the highest customer satisfaction rating among all department and discount stores in the same period.

In 2024, Costco Wholesale Corporation generated total net sales of around 250 billion U.S. dollars worldwide. Of this amount, 101.5 billion U.S. dollars was attributed to Food and Sundries products. This sizable portion underscores the importance of this product segment in driving Costco's overall financial success. The company's ability to offer various high-quality food and household items at competitive prices has been a prominent factor in attracting and retaining a loyal customer base. Costco brand profile in the UK and U.S. Costco enjoys strong brand recognition in the U.S., with 83 percent of grocery store customers aware of the brand. While many customers like and actively use Costco. Loyalty is high, with over 80 percent of users likely to shop there again. However, media buzz surrounding the brand was low in September 2023. While Costco's brand awareness in the UK is slightly lower than in the U.S. at 75%, it still holds a significant presence. However, only 16 percent of UK grocery store customers like Costco, and slightly less actively use it. Customer loyalty is strong, with over 80 percent of users likely to return. However, like the U.S., media buzz surrounding the brand was minimal in September 2023. Costco’s mission Costco's mission is clear: to deliver exceptional value to its members by offering high-quality goods and services at the lowest possible prices. Costco's membership base has continued to expand steadily over the past decade. As of 2024, the company had approximately 76 million paid members worldwide, increasing from 2023. This consistent growth reflects Costco's ongoing commitment to providing exceptional value and service to its members, solidifying its position as a leading global retailer.

In fiscal year 2024, Costco Wholesale Corporation's revenue by segment (products & services) are as follows: Food and Sundries: $101.46 B, Fresh Food: $34.22 B, Membership: $4.83 B, Non-Foods: $63.97 B, Other: $49.97 B.

In fiscal year 2024, Costco Wholesale Corporation's revenue by geographical region are as follows: CANADA: $34.87 B, Other International Operations: $35.44 B, UNITED STATES: $184.14 B.

Costco Wholesale Corporation's annual revenue was $254.45 B in fiscal year 2024. The annual revenue increased $12.16 B from $242.29 B (in 2023) to $254.45 B (in 2024), representing a 5.02% year-over-year growth.

This timeline depicts Costco's revenue worldwide from 2014 to 2025. The company's global revenue was projected to grow steadily from ****** billion in 2018 to almost *** billion U.S. dollars in 2025.

In 2024, Costco generated sales of about ***** billion U.S. dollars and operated a total of *** warehouses. As a result, Costco's average sales per warehouse amounted to *** million U.S. dollars that year. Costco Wholesale CorporationThe average number of sales at Costco has risen in recent years from *** million U.S. dollars per warehouse in 2012 to *** million U.S. dollars per warehouse in 2024. Costco Wholesale Corporation is a membership only warehouse that sells a variety of products. The first store under the retail warehouse concept began in 1976 under the name Price Club in San Diego, California. This store is still in operation today, known as Costco Warehouse #401. Since then, Costco has branched out into countries around the world. As of 2024, there were *** stores in the United States and Puerto Rico and *** stores in Canada. Costco products can only be purchased by members and is also open to its members’ guests. Membership is purchased in advance for a period of one year.

The online revenue of costco.es amounted to US$13.2m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

In fiscal year 2024, the revenue per employee at Costco Wholesale Corporation was $764.12 K. The revenue per employee decreased by $2.62 K from $766.74 K (in 2023) to $764.12 K (in 2024).

The online revenue of costco.com.mx amounted to US$360.2m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

This statistic depicts the sales of the leading retailers in the United States in 2023. Walmart was the leading retailer in the United States with about 635 billion U.S. dollars worth of sales that year.

First party e-commerce net sales generated by online stores of Costco Wholesale Corporation represented approximately *% of the total net sales of Costco Wholesale Corporation in 2020. Costco's e-commerce operations allow them to connect with their members online and provide additional products and services, many not found in their warehouses. At the end of 2019, they operated e-commerce websites in the U.S., Canada, Mexico, U.K., Korea, and Taiwan. Additionally, they offer business delivery, travel and various other services online in certain countries.

Costco is a Proprietary Company that generates the majority of its income from the Supermarkets and Grocery Stores industry.

The online revenue of costco.ca amounted to US$2,658.4m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

The online revenue of costco.se amounted to US$3.1m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

The revenue of Costco, the American retailer operating warehouse club stores, has gradually risen year-on-year in Canada reaching approximately ** billion U.S. dollars in 2024's fiscal year. This is an increase of over ** billion dollars since 2015. The warehouse club business model Warehouse clubs offer a more limited range of products than a traditional supermarket and aim to attract shoppers who wish to save money by buying in bulk. Shoppers must become a member and pay a fee to be able to shop in Costco’s warehouses. Close to *** million people worldwide were Costco members in 2023. There are different tiers of membership, all of which enable members to use any Costco warehouse worldwide and online. Other warehouse club retailers with stores in Canada include Sam’s Club and BJ’s wholesale. Costco in Canada The number of Costco locations has risen in line with revenue in Canada – there were *** Costco warehouses in 2024, ** warehouses more than in 2015. Ontario, Canada’s most populous province, was home to ** warehouses in that year, followed by Quebec with ** stores.

The online revenue of costco.co.jp amounted to US$392.5m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

Swings in the economy have a limited impact on warehouse clubs and supercenters because these retail establishments offer low-priced goods. When consumer sentiment is high, shoppers spend more time visiting industry retailers and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Many of these retailers have been able to attract and retain more business by offering memberships and reward programs that disincentivize consumers to visit the competition. Revenue for warehouse clubs and supercenters is expected to climb at a CAGR of 3.2% to $771.1 billion through the end of 2025, including growth of 2.8% in 2025 alone. In the same year, profit will account for 3.5% of revenue, a dip from 2020 because of strong competitive forces and inflation. Online companies can undercut traditional warehouse clubs and supercenters' prices by taking advantage of lower operational costs. The brick-and-mortar warehouse clubs and supercenters incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require employees for daily operations. Retailers are increasingly optimizing their online presence for mobile shopping. Walmart, a leader in the industry, has introduced a competing service known as Walmart+, which costs $98.00 annually. Walmart+ provides members with unlimited free deliveries, fuel discounts and a more streamlined in-store shopping experience via the Scan & Go feature on the Walmart app. Although this service emphasizes increasing Walmart's e-commerce sales, the fuel discounts and access to the Scan & Go feature on the company's app will encourage in-store purchases. Warehouse clubs and supercenters' revenue will expand as the domestic economy surges. Consumer spending and corporate profit boosts encourage future revenue growth by prompting more consumers to buy club memberships and spend on bulk purchases. Consumption rates will continue to climb across the US, promoting strong foot traffic and these retailers that often sell products in bulk. Nonetheless, increasing online competition will continue to threaten the industry as retailers like Amazon expand their customer base. Revenue for warehouse clubs and supercenters is expected to swell at a CAGR of 2.3% to $862.8 billion through the end of 2030.

In the fourth quarter of the 2020's financial year, Costco generated nearly 53.4 billion U.S. dollars in revenue, nearly nine billion dollars more than in 2019's last quarter.