Revenue of Costco Wholesale 2006-2018
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The following table shows the revenue of Costco wholesale from 2006 to 2018 including the revenue from sales of products and services as well as membership fees.
| Year | Net Revenue Mn $ | Total sales Mn $ | Membership fees Mn $ |
|---|
| 2018 | $ 1,41,576 | $ 1,38,434 | $ 3,142 |
| 2017 | $ 1,29,025 | $ 1,26,172 | $ 2,853 |
| 2016 | $ 1,18,719 | $ 1,16,073 | $ 2,646 |
| 2015 | $ 1,16,199 | $ 1,13,066 | $ 2,533 |
| 2014 | $ 1,12,640 | $ 1,10,212 | $ 2,428 |
| 2013 | $ 1,05,156 | $ 1,02,870 | $ 2,286 |
| 2012 | $ 99,137 | $ 97,062 | $ 2,075 |
| 2011 | $ 88,915 | $ 87,048 | $ 1,867 |
| 2010 | $ 77,946 | $ 76,255 | $ 1,691 |
| 2009 | $ 71,422 | $ 69,889 | $ 1,533 |
| 2008 | $ 72,483 | $ 70,977 | $ 1,506 |
| 2007 | $ 64,401 | $ 63,088 | $ 1,313 |
| 2006 | $ 60,151 | $ 58,963 | $ 1,188 |
The retail industry has evolved fast in this decade and despite being met with a challenging environment, Costco has continued to grow its sales and number of warehouses. In 2017 its total revenue grew by around 10 Billion dollars as compared to the previous year. Its 2017 revenue was 129 Billion dollars whereas its 2016 revenue was 118.7 Billion dollars. In 2016, Costco’s net sales amounted to 126 Billions compared to 116 Billions previous year. Its Revenue from memberships grew 2.85 Billion dollars in 2017 compared to 2.65 Billions previous year. For the first thirty one weeks of fiscal year (ended April 8, 2018), the company reported net sales of 81.43 Billion dollars which was 11.8% higher than its net sales during the same period previous year. In 2016, its net sales during the same period amounted to 72.82 Billion dollars. Net sales online grew from 3% of net sales in 2015 to 4% in 2016 and 2017 respectively. Its Kirkland signature brand is well known for its high quality and great value. In 2017, sales of Kirkland signature were higher than 35 Billion dollars. The higher net sales were mainly because of increased product offerings across apparel, sporting goods, fresh food and organic food categories.
Sources:
Data sourced from annual reports of Costco available on its investors’ website.