Costco's March same-store sales jump as coronavirus triggers surge in buying | Malay Mail

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NEW YORK, April 9 ― Costco Wholesale Corp reported a 9.6 per cent jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns. US comparable sales rose 10.7 per cent for five weeks ended April 5, while e-commerce sales surged 48.3 per cent, Costco...

Thursday, 09 Apr 2020 07:27 AM MYT

NEW YORK, April 9 ― Costco Wholesale Corp reported a 9.6 per cent jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns. “Costco's March sales results reflect the impact of the various safety measures the company has put in place in reaction to the coronavirus,” Moody's lead Costco analyst Charlie O'Shea said.

 

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