Costco Wholesale topped Wall Street’s profit expectations during the first quarter amid continued high demand for food and supplies, even as the warehouse chain said pandemic-related costs remain elevated. Its net sales rose 16.9% from the year-earlier quarter to $42.35 billion, while its e-commerce sales soared 86.4%. In a conference call with analysts, Chief Financial […]
source https://www.seattletimes.com/business/costco-sales-climb-e-commerce-business-soars-amid-pandemic-fueled-shopping/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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