Costco Wholesale
saw same-store sales in March decline as consumers made smaller purchases. Shares were off nearly 3% in premarket trading Thursday.
The average size of transactions at Costco’s (ticker: COST) was down 5.8% from February, suggesting consumers may be pulling back in response to uncertainty about the economy. That took a toll on the company’s sales performance.
Source: https://www.barrons.com/articles/costco-sales-store-stock-price-d841ffee?siteid=yhoof2&yptr=yahoo