In 2023, Costco generated sales of about 237.7 billion U.S. dollars and operated a total of 861 warehouses. As a result, Costco's average sales per warehouse amounted to 252 million U.S. dollars that year.
Costco Wholesale Corporation
The average number of sales at Costco has risen in recent years from 155 million U.S. dollars per warehouse in 2012 to 252 million U.S. dollars per warehouse in 2023. Costco Wholesale Corporation is a membership only warehouse that sells a variety of products. The first store under the retail warehouse concept began in 1976 under the name Price Club in San Diego, California. This store is still in operation today, known as Costco Warehouse #401. Since then, Costco has branched out into countries around the world. As of 2023, there were 591 stores in the United States and Puerto Rico and 107 stores in Canada. Costco products can only be purchased by members and is also open to its members’ guests. Membership is purchased in advance for a period of one year.