![]() comparable sales of more than 6% in December and January, but that decelerated to 3.5% in February. Indeed, Costco said food sales were strong last month while non-food items flagged, with particular weakness in toys and seasonal goods, home furnishings and jewelry. While Costco’s upscale customers have been less affected by inflation, the warehouse club isn’t immune to softer sales of discretionary items as shoppers spend more on basic goods and services such as travel. Deal site Simple Thrifty Living found the average price of a 24-pack of beer in every U.S. ![]() Costco advanced 8.9% this year through Wednesday, topping the 6.5% gain in the S&P 500 index. Beer is most expensive in Alaska and cheapest in Illinois. Still, based on long-term trends, Costco’s results may rebound in April and the retailer’s long-term prospects remain promising, he said. service sector in March.Ĭostco’s March sales numbers “appear a reason for significant concern,” Greg Melich, an analyst at Evercore ISI, said in a note to clients Thursday. economy after the Institute for Supply Management reported slower-than-expected growth in the U.S. It also adds another sign of weakness in the U.S. ![]() The tepid performance underscored the risk that Costco’s long sales boom is finally petering out. That’s the smallest advance since April 2020 – shortly after the economic lockdowns at the start of the pandemic. Costco Australia Vs Dan Murphys And 1st Choice Liquor: Corona Beer Costco, 1.75, 1.66 1st Choice Liquor, 2.11, 1.75 Dan Murphys, 1.98, 1.66. ![]() comparable sales eked out only a 0.9% gain in March after excluding the impact of changes in gasoline prices, the company said in a statement Wednesday. Costco slipped as the second straight slowdown in a key monthly sales gauge stoked doubts about the strength of U.S. ![]()
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