Costco sales rise nearly 19% in March

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Costco Wholesale Corp. said late Wednesday its March sales rose 18.7% to $21.61 billion, from $18.21 billion in March 2021. Comparable-store sales rose 17.2%, including a 19.1% increase in same-store sales in the U.S., Costco said. The five-week March retail month had one extra shopping day, which helped total and comparable-store sales by about 1.5% to 2%, the retailer said. Shares of Costco edged higher in the extended session Wednesday after ending the regular trading day up 1.7%.

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