T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
Get in touch with us nowCostco's membership fee revenue continued to climb in 2023, reaching close to five billion U.S. dollars globally. This marked a significant increase from 2022 and 2021. Notably, Costco's membership revenue outpaced that of Sam's Club, which reported 2.6 billion U.S. dollars in membership fees for the same year.
Costco continued expanding its workforce significantly in 2022. The company's employee count grew by 16,000 individuals, representing an increase of over 5 percent compared to the previous year. This brought the total number of employees to 304,000, marking the highest level recorded during the observed period. Notably, Costco has consistently demonstrated a positive trend of employee growth over the past several years.
As a US-based company, Costco's largest market in 2021 was unsurprisingly the United States. Generating over 138 billion U.S. dollars in net sales, the U.S. market accounted for a significant portion of Costco's overall revenue that year, reinforcing its position as a dominant player in the American retail landscape. While headquartered in the US, Costco has a significant international presence. In addition to its vast network of 556 stores within the United States, the company operated just over 100 locations in Canada in 2021. This made Canada the second-largest market for Costco that year. Furthermore, Costco had a footprint of almost 40 stores in Mexico during the same period.
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Overview
Financials
Stores and employment
Membership
E-Commerce
Competitors
Consumer Behavior
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.