This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/costco-wholesale-same-store-sales-stock-d841ffee

Costco Has Gloomy News About Sales. The Stock Drops.

By
Sabrina Escobar
  • Order Reprints
  • Print Article

Costco Wholesale stock fell in after-hours trading after the company said consumers made smaller purchases in March and that same-store sales declined.

The average size of transactions at Costco’s (ticker: COST)was down 5.8% from February, suggesting consumers may be pulling back in response to uncertainty about the economy. That took a toll on the company’s sales performance.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.