FY23 second quarter service performance scores covering Jan. 1 through Jan. 20 included: *First-Class Mail: 91.7% of First-Class Mail delivered on time against the USPS service standard, an increase of 0.7 percentage points performance from the fiscal first quarter. *Marketing Mail: 93.9% of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Periodicals: 85.3% of Periodicals delivered on time against the USPS service standard an increase of 0.7 percentage points performance from the fiscal first quarter.

Total reported sales for the second quarter of 2021 were $2.3 billion, an increase of 6% compared to the second quarter of 2020. The year-over-year increase in revenue was partially driven by stronger business activity as the public sector returned to work and schools began to return to in-class learning. Product sales in the second quarter were up 6% relative to the prior year period, driven by stronger demand for core supply product categories, workspaces and technology. Service revenue in the first quarter was up 8%, largely related to stronger demand for managed print and fulfillment, as well as copy and print services in both BSD and Retail Divisions. The Company reported operating loss of $78 million in the second quarter of 2021, compared to operating loss of $456 million in the prior year period. GAAP operating results in the second quarter included $122 million of charges including $115 million of non-cash asset impairment charges, and $7 million in net merger, restructuring and other operating costs. Asset impairment charges of $115 million in the second quarter of 2021 included $114 million related to impairment of goodwill and other intangible assets at CompuCom, largely related to the macroeconomic effects of COVID-19 on current business conditions. Net merger, restructuring and other operating costs of $7 million were primarily associated with the planned separation of B2B operations. Net loss was $88 million, or $(1.62) per diluted share in the second quarter of 2021, compared to net loss of $439 million, or $(8.19) per diluted share in the second quarter of 2020.

Costco Wholesale Corporation reported net sales of $16.84 billion for the retail month of January, the four weeks ended January 29, 2023, an increase of 6.9 percent from $15.76 billion last year. Lunar New Year/Chinese New Year occurred on January 22, 10 days earlier this year. The shift negatively impacted January’s Other International and Total Company sales by approximately 2% and 0.25%, respectively. For the 22 weeks ended January 29, 2023, the Company reported net sales of $99.00 billion, an increase of 7.5 percent from $92.10 billion last year.