Costco March comparable sales slip marginally, shares fall about 3% after hours
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U.S. discount retail giant Costco (NASDAQ:COST) on Wednesday reported a slight dip in March comparable sales, while net sales increased marginally.
The company's shares fell 2.7% to $483.86 in post-market trading.
COST reported net sales of $21.71B for the retail month of March, up 0.5% from $21.61B a year ago.

Comparable sales fell 1.1%, with U.S. comparable sales slipping 1.5%, and Canadian comparable sales declining 2.4%. International comparable sales rose 2%. Moreover, e-commerce comparable sales was down 12.7%.
Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange rose 2.6%, consisting of U.S. +0.9%, Canada +7.4% and International +7.6%. E-commerce comparable sales were -11.6%.