Costco stock drops as March same-store sales fall

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Costco stock drops as March same-store sales fall
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Costco Wholesale Corp. on Wednesday said same-store sales fell last month, sending shares lower in after-hours trade. The membership warehouse retail chain...

Costco Wholesale Corp. COST on Wednesday said same-store sales fell last month, sending shares lower in after-hours trade. The membership warehouse retail chain said that overall same-store sales fell 1.1% over that period, with a 1.5% dip in the U.S. and a 2.4% decrease in Canada. Elsewhere internationally, those sales rose 2%. E-commerce comparable sales slid 12.7%. Shares of Costco fell 2.7% after hours.

... Costco Wholesale Corp. COST on Wednesday said same-store sales fell last month, sending shares lower in after-hours trade. The membership warehouse retail chain said that overall same-store sales fell 1.1% over that period, with a 1.5% dip in the U.S. and a 2.4% decrease in Canada. Elsewhere internationally, those sales rose 2%. E-commerce comparable sales slid 12.7%. Shares of Costco fell 2.7% after hours.

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