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, Non-Foods: $63.97 B, Other: $49.97 B.

In 2024, Costco generated 184.1 billion U.S. dollars in revenue from their operations in the United States. In Canada and through its international ventures the company generated 34.9 billion and 35.3 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 110.2 billion U.S. dollars in 2014 to 249.6 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 United States in the same period.

Costco revenue for the twelve months ending February 28, 2025 was $264.086B, a 6.13% increase year-over-year. Costco annual revenue for 2024 was $254.453B, a 5.02% increase from 2023. Costco annual revenue for 2023 was $242.29B, a 6.76% increase from 2022. Costco annual revenue for 2022 was $226.954B, a 15.83% increase from 2021.

Over the last several years, Costco has seen a yearly increase in its global net sales, rising from 110.2 billion U.S. dollars in 2014 to 249.6 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 299 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 fiscal year 2024, Costco Wholesale Corporation's revenue by geographical region are as follows: Canada: $34.87 B, Other International: $35.44 B, United States: $184.14 B.

Costco is an U.S. based big-box retailer and wholesale company that operates on a membership-only basis. According to estimates, the company's net sales reached 166 billion U.S. dollars in 2020, and was predicted to reach over 250 billion U.S. dollars by 2026.

In 2024, Costco generated sales of about 249.6 billion U.S. dollars and operated a total of 890 warehouses. As a result, Costco's average sales per warehouse amounted to 260 million U.S. dollars that year. Costco Wholesale CorporationThe average number of sales at Costco has risen in recent years from 155 million U.S. dollars per warehouse in 2012 to 260 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 614 stores in the United States and Puerto Rico and 108 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.com amounted to US$12,487m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.

costco.com, operated by Costco Wholesale Corporation, is an online store with nationally-focused sales. Its e-commerce net sales are generated almost entirely in the United States. With regards to the product range, costco.com is an all-round online store, with products on offer that cover different categories, such as “Toys, Hobby & DIY”, “Furniture & Appliances” as well as “Food & Personal Care”. The online store was launched in 1998.

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.

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.

United States JR: Same-Store Sales: TD: Costco Companies data was reported at 10.200 % in Apr 2018. This records an increase from the previous number of 8.400 % for Jan 2018. United States JR: Same-Store Sales: TD: Costco Companies data is updated quarterly, averaging 5.000 % from Jul 2011 (Median) to Apr 2018, with 28 observations. The data reached an all-time high of 12.000 % in Oct 2011 and a record low of -1.000 % in Oct 2015. United States JR: Same-Store Sales: TD: Costco Companies data remains active status in CEIC and is reported by Redbook Research Inc.. The data is categorized under Global Database’s USA – Table US.H012: Johnson Redbook Same-Store Sales Index: Quarterly: YoY%.

Costco Wholesale reported 333K in Employees for its fiscal year ending in September of 2024. Data for Costco Wholesale | COST - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last June in 2025.

The revenue of Costco, the American retailer operating warehouse club stores, has gradually risen year-on-year in Canada reaching approximately 33.1 billion U.S. dollars in 2023's fiscal year. This is an increase of over 15 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. Over 127 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 107 Costco warehouses in 2023, 19 warehouses more than in 2015. Ontario, Canada’s most populous province, was home to 39 warehouses in that year, followed by Quebec with 23 stores.

Costco, the warehouse shopping club, continued to grow in 2024 with 617 locations in the United States. In 2024, the warehouse club had 140 stores in the state of California, but only one store in Arkansas, Delaware, Maine, Mississippi, New Hampshire, South Dakota, Vermont, and Washington D.C. It still had no presence in Rhode Island, West Virginia, and Wyoming

As of 2024, Costco operated 890 warehouses worldwide, up from 592 warehouses in 2011. Each year the company has opened new branches and is now one of the top retailers worldwide in terms of revenue. Costco Key Facts Costco opened its first warehouse in 1983 in Seattle, Washington, where the company is still headquartered today. Costco is known for selling bulk goods and requiring a membership in order to shop there. In 2024, Costco boasted nearly 137 million club members worldwide, up from 76.4 million members in 2014. Costco’s net sales have also seen a steady increase over the last several years and amounted to 249.6 billion U.S. dollars in 2024. Costco Consumer Behavior Costco consistently ranks highly in terms of customer satisfaction and retained many loyal customers over the years. In 2023, Costco had a customer satisfaction rating of 82, a higher score than any other department or discount store in the United States. Less than 20 percent of Costco shoppers in the United States are between the ages of 50 and 64 years, making up the smallest share of Costco’s customer base of any age group.

This statistic depicts the sales of the leading mass merchants, clubs with optical departments in the United States in 2022. In that year, Costco Wholesale was the second ranked mass merchant/club with an optical department in the United States, with sales that amounted to just over 1.5 billion U.S. dollars.

Costco is headquartered in the U.S. and is a large retailer operating warehouse club stores around the world. Canada’s most populous province of Ontario was home to 41 Costco warehouses in Canada as of December 2024, whilst there was just one warehouse in Newfoundland and Labrador. 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 137 million people worldwide were Costco members in 2024. 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. Brick-and-mortar reigns over e-commerce Costco offers an online shopping service, which can be a convenient and time-saving shopping option; however, the majority of Canadian consumers still spend more on groceries in-store than online. The main reasons preventing consumers from buying groceries online include a lack of interest and shipping and service costs.