Costco's first quarter fiscal year 2021 showed strong growth, with net sales increasing by 16.9% to $42.35 billion and net income reaching $1.166 billion, or $2.62 per diluted share. The results reflect solid performance across various regions and e-commerce.
Net sales increased by 16.9% to $42.35 billion compared to last year.
Net income for the quarter was $1.166 billion, or $2.62 per diluted share.
Comparable sales increased by 15.4% overall and 17.1% excluding gas and foreign exchange impacts.
E-commerce sales saw significant growth, with an increase of 86.4%.
Forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements.
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