Costco Sales Jump on a Shift in the Holiday Shopping Season

The company attributed the strong e-commerce sales in December to Thanksgiving, Black Friday, and Cyber Monday in 2024 occurring a week later than in 2023.
Costco Sales Jump on a Shift in the Holiday Shopping Season
A sign outside a Costco store in Glenview, Ill., on May 24, 2016. Jim Young/Reuters
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Business Column: Analysis
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”