Costco ecommerce sales drop; net sales still increased 1.9%

Costco ecommerce sales drop; net sales still increased 1.9%

Costco Wholesale Corp. reported ecommerce sales declined 10% in its fiscal third quarter ended May 7. Moreover, Costco ecommerce sales fell 7.8% for its first three fiscal quarters. However, Costco net sales for the quarter increased to $52.60 billion. That’s...