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Costco Wholesale (COST) March Comps Down 5%

April 9, 2009 7:10 AM EDT
Costco Wholesale Corporation (NASDAQ: COST) said March comparable sales were down 5%, -2% in the U.S. and -13% International.

Comparable sales, excluding the negative impacts from gasoline deflation and foreign exchange, were up 4%, +3% in U.S. and +9% International.

Net sales were $6.39 billion for the month of March, a decrease of three percent from $6.57 billion in the same five-week period last year.

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