Costco Wholesale Corp (NASDAQ:COST) shares are trading lower in Wednesday’s after-hours session after the company reported March sales results.
The Details: Costco reported net sales of $21.71 billion for the month of March, up 0.5% on a year-over-year basis. The company reported net sales of $137.77 billion for the 31-week period ended April 2.
U.S. comparable sales fell 1.5% in March and comps were down 1.1% overall. Costco said e-commerce sales were down close to 13% last month.
Check This Out: Vending Machine Side Hustle Turns Into $360K Business: Now This 28-Year-Old Entrepreneur Works Just 6 Hours A Week
COST Price Action: Costco has a 52-week high of $612.12 and a 52-week low of $406.64.
The stock was down 2.24% after hours at $486 at the time of writing, according to Benzinga Pro.
Photo: Mike Mozart from Flickr.
