Investing.com - Wholesaler Costco (NASDAQ:COST) on Wednesday reported a faster pace of comparables sales in March as the virus pandemic led to panic buying.
In March, comp sales rose 12.3% that was up from a pace of 5.7% seen last year, with sales in the U.S. Canada and other international markets, up 12.1%. 7.2% and 19.2% respectively.
E-commerce sales surged 49.8% during the month.