US cash-and-carry operator Costco today (6 October) posted a 19% increase in annual profits driven by growth in its international operations.

The company posted US$1.3bn net income for fiscal 2010, ended 29 August, up 19.3% on its previous fiscal year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Net sales reached $75.25bn, a 9% increase on the previous year.

Comparable sales for the year, excluding the impact of petrol inflation and the strengthening in foreign currencies, were 4% for the total company, 2% in the US and 8% in its international operations.

For the fourth quarter, net income grew 15.5% to $432m, while sales reached $23.5bn, an 8% increase on the previous year.

For Costco’s full results click here.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now