Business & Tech
Costco Earnings Show Shoppers Returning To Club In Droves
Costco's earnings reports showed increases galore.
CONNECTICUT — The numbers are showing that Connecticut shoppers are heading back to the discount wholesale club stores as the coronavirus pandemic business climate improves, at least where Costco is concerned.
Costco Wholesale Corporation Thursday announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2021, ended May 9, 2021.
Net sales for the quarter increased 21.7 percent, to $44.38 billion, from $36.45 billion last year.
Find out what's happening in Across Connecticutfor free with the latest updates from Patch.
Net sales for the first 36 weeks of the 2021 fiscal year increased 17.7 percent, to $130.61 billion, from $110.94 billion last year.
Costco currently operates 809 warehouses worldwide.
Find out what's happening in Across Connecticutfor free with the latest updates from Patch.
Costco's Connecticut locations include:
- Enfield
- New Britain
- Waterbury
- East Lyme
- Milford
- Brookfield
- Norwalk
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