Costco Wholesale Corporation reported net sales of $22.24 billion for the retail month of December, the five weeks ended January 2, 2022, an increase of 16.2 percent from $19.14 billion last year. For the 18 weeks ended January 2, 2022, the Company reported net sales of $76.34 billion, an increase of 16.6 percent from $65.47 billion last year.

The activewear brand, which will open two locations this fall, has expanded its e-commerce presence to an additional 11 countries as it looks to grow overseas. As Lululemon looks to quadruple its international revenue by 2026, rival Vuori is leaning into its own global expansion. The activewear brand is opening its first locations in Seoul, South Korea, and Beijing this fall, on a path to running more than 100 stores globally by the end of the year, per a company press release emailed to Retail Dive. The Seoul store will be run by a franchise partner and open in September, while Beijing is planned for October. Those locations will be part of about 15 international stores Vuori expects to operate by 2026. The retailer already runs stores in London and Shanghai, and has a “strong start to wholesale” in Japan and Europe. At the same time, Vuori has expanded its e-commerce platform to 11 additional countries: Sweden, Norway, Denmark, Finland, Switzerland, Spain, Italy, Belgium, Austria, Portugal and Japan.

Costco Wholesale Corporation announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2024, ended February 18, 2024. Net sales for the quarter increased 5.7 percent, to $57.33 billion, from $54.24 billion last year. Net sales for the first 24 weeks increased 5.9 percent, to $114.05 billion, from $107.68 billion last year. Net sales for the Company were negatively impacted by approximately one and one-half percent for the quarter and by approximately one-half percent for the first 24 weeks of fiscal 2024 from the shift of the fiscal calendar, as a result of the fifty-third week last year.