Why Costco Stock Fell Today
Shares of Costco Wholesale (NASDAQ: COST) declined on Thursday following the release of the discount chain's June sales metrics.
Image source: The Motley Fool.
Costco's net sales climbed 10.6% year over year to $29.24 billion for the five weeks ended July 5. The company's comparable sales, which include revenue from locations open for more than a year, increased 8.8%.
Source Fool.com
