Costco online April sales drop nearly 6%

Costco online April sales drop nearly 6%

Costco Wholesale Corp. (COST) late Wednesday reported April sales of $17.85 billion, up 3% from the $17.33 billion in April 2022. Same-store sales rose 1.4%, while e-commerce sales fell 5.9%, the retailer said.

Costco is slated to report fiscal third-quarter earnings in early August. The stock was flat in the aftermarket Wednesday, and ended the regular trading day down 1%.

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