MW Costco's sales still rose in March despite deeper economic uncertainty
By Bill Peters
The warehouse retailer last month said that shoppers could remain 'choiceful' as they navigate higher prices
Costco Wholesale Corp. on Wednesday said sales through last month rose 8.6% year over year to $25.51 billion, even as higher costs of living kept shoppers cautious.
Same-store sales for the period - the five weeks that ended April 6 - were up 6.4%. E-commerce sales rose 16.2%.
Shares of Costco $(COST)$ were up fractionally after hours. The stock finished the day 6.2% higher, amid a broader market recovery.
Costco last month said that shoppers could remain "choiceful" as they navigate higher prices and the potential for more upheaval in the economy, as President Donald Trump uses tariffs to get nations to renegotiate trade deals.
Trump on Wednesday announced a halt on "reciprocal" tariffs on many countries, as well as a reduced tariff rate of 10%, for 90 days. However, he said he was raising the rate on China to 125%.
Afterward, markets on Wednesday rebounded. They tumbled last week after Trump announced plans for sweeping tariffs on trading partners.
-Bill Peters
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 09, 2025 16:42 ET (20:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。