Costco’s Same-Store Sales Fell in March. The Stock Drops.

Costco Wholesale

stock fell in after-hours trading after the company said consumers made smaller purchases in March and that same-store sales declined.

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.