澳洲幸运5官方开奖结果体彩网

Costco’s Revenue Per Store: What the Numbers Show

An aerial view of a Costco store, showing the Costco logo and customers exiting the building with shopping carts.

Justin Sullivan / Getty Images

Costco generates impressive revenue across its network of warehouses, with each one contributing significantly to the company's bottom line. Costco's average revenue per store has steadily increased year-over-year and reached approximately $260 million in fiscal year 2024.

This figure showcases Costco’s massive sales performance and how its unique business model continues to thrive. With nearly 900 stores worldwide and a 澳洲幸运5官方开奖结果体彩网:loyal customer base, Costco haꦡs firmly established itself as one of the highest-grossing reওtailers globally.

Costco (COST) is famous for its competitive prices, bulk sales, vast choice of products, tasty food courts, and🎃 the fact that you must be a member to shop there. Consistent revenue growth indicates that people don’t have an issue paying for access, as💎 more customers flock to the store every year.

Key Takeaways

  • In the fiscal year that ended Sept. 1, 2024, Costco rang up total net sales of $250 billion, making it one of the biggest publicly traded companies in the world by annual sales.
  • For the year, total net sales rose 5%, with “foods and sundries” accounting for 41% of all sales.
  • Costco's biggest market is the U.S., which is home to 614 of its 890 warehouses as of September 2024.
  • Each store averaged net sales of about $260 million, an annual increase of about 3%.

How Much Do Costco Stores Make?

As of March 2025, Costco was the 21st biggest publicly traded company in the world by annual sales and the third-largest retailer in the U.S., after Walmart (WMT) and Amazon (AMZN).

The numbers that earned it this status are mind-boggling. In its fiscal year ended Sept. 1, 2024, Costco registered total revenue of $254 billion and 澳洲幸运5官方开奖结果体彩网:net sales—meaning sales minus returns, allowances, and discounts—of $250 billion, a 5% increase from the previous year.

The company added 29 new warehouses during the year, but that wasn't the only reason for the sales growth. Existing warehouses also posted higher revenues, and net sales per warehouse rose about 3% to $260 million. Foods and sundries led the way, contributing $101 billion to net sales. And the U.S. remains by far Costco’s biggest market.

Important

In September 2024, Costco increased its annual membership fee in the U.S. and Canada from $60 to $65 for "gold star" members and from $120 to $130 for “executive” members.

What Drives Costco’s High Revenue Per Store?

Costco’s revenue comes from a combina💎tion of factors:

Membership Fees

Membership fees are a key source of revenue for Costco, which sells items at a narrow profit margin. That helps attract members, who must pay $65 or $130 per year for the privilege of shopping there. These fees account for a little more than half of Costco's 澳洲幸运5官方开奖结果体彩网:operating income.

As of September 2024, Costco had 76.2 million paying members, representing a 7% increase on the prior year. Membership fees contributed $4.8 billion to revenue in the 12 months to Sept. 1, 2024.

High Volume Sales

In 2024, the average sales per Costco warehouse were $260 million, a figure that has been steadily increasing since 2016, when the average was $159 million per warehouse.

Of course, not all warehouses brought in that much. Some may have made more, while others significantly less. Costco’s 𝕴warehouses differ in size, with s꧅ome housing more goods and boasting more members.

It's also worth noting that not all of Costco's $250 billion in revenue in 2024 came from sales at its warehouses. The company also sells merchandise on its website, which accounted for about 7% of total income in the most recent fiscal year.

Global Reach

As of September 2024, Costco has 890 warehouses worldwide, with 614 of those in the U.S. While Costco continues to expand globally, the U.S. remains the biggest driver of revenue, with the av𝔉erage store in the U.S. consistently outperforming its international counterparts.

Where Is the Busiest Costco in the World?

The busiest Costco in the world is located in Iwilei, Hawaii, on the island of Oahu. This location is popular due to its affordability, providing locals with a cost-effective option for groceries, which can be hard to come by on the island due to the need to import most goods.

What Is the Revenue Split of Costco?

Costco's largest revenue source is the sale of goods in its stores, which accounts for 98% of its revenue. The remaining 2% comes from membership fees.

Can You Shop at Costco Without a Membership?

Generally, you will need a 澳洲幸运5官方开奖结果体彩网:Costco membership to shop at Costco; however, there are some exceptions. If🔥 you have a gift card, yo🅺u can shop there without a membership. You can also shop online without a membership, however, there is a surcharge fee for nonmembers and some items are only available for members.

The Bottom Line

If you’ve ever been to a Costco, you may have noticed that the company sells a lot. It has nearly 900 stores around the world and charges customers a membership fee. This brings i♍n a lot🦩 of money each year.

In its 2024 fiscal year, Costco generated net sales of about $260 million per warehouse. Multiply that figure by 890—the total number of war𝓀ehouses it had on Sept. 1, 2024—and add 🐬e-commerce sales, and you have a company with one of the highest annual revenue tallies in the world.

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