
Costco sales at stores open at least a year flat in January, miss analysts’ expectations
ISSAQUAH, Wash. (AP) — Sales at comparable Costco stores were flat in January though industry analysts were expecting a slight uptick.
Analysts polled by Thomson Reuters predicted a 1.2 percent rise in sales at stores open at least a year.
Sales from stores open at least a year are a key indicator of a retailer’s health because it excludes volatility from recently opened or closed locations.
What do you think?