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-sales-store-stock-price-d841ffee

Costco Stock Drops on Gloomy Sales Numbers

By
Sabrina Escobar
  • Order Reprints
  • Print Article

Costco Wholesale saw same-store sales in March decline as consumers made smaller purchases. Shares were off nearly 3% in premarket trading Thursday.

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.