Sales grow as profit surpasses £200m at wholesale group

The UK division of US wholesale group Costco has reported a growth in turnover and profit.

According to its latest filed accounts for the year ended 31 August 2025, total sales rose 5.2% to £5.5bn from £5.3bn in 2024.

Pre-tax profit resulted at £218.5m, up from £188.9m recorded the previous year.

Costco, which trades through a number of UK warehouses and online across multiple departments including home furnishings, said: “Sales improvement was driven to an 11.3% increase in our core merchandise and warehouse categories, while petrol sales declined due to price deflation.

“Our e-commerce business saw a 15.6% increase (with comparable sales up by 54%). Growth was driven by small appliances, jewellery, furniture, and grocery categories, supported by range expansion, strong demand for gold bullion, an enhanced furniture offering, and improved delivery options.”

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