Corp 1000

: Costco e-commerce sales drop 2.5% in August

Costco Wholesale Corp.’s COST August sales rose 5% to $18.42 billion, from $17.55 billion in August 2022, the company said Wednesday. Same-store sales rose 3.4%, but e-commerce sales, which experienced double-digit growth during the pandemic, fell 2.5%. Shares of Costco edged higher in the extended session Wednesday after ending the regular trading day down 0.1%.

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