By Christopher Lombardo

Costco’s same-store sales growth cooled in Q3 amidst weakness in big ticket spending. For the quarter ending May 7, Canadian comparable store sales were down 1% year-over-year, versus expected growth of 1.3%. In the U.S., they were down 0.1%, versus analyst estimates of 2.4% growth. However, overall net sales for the quarter increased 1.9% to $52.6 billion USD.

http://strategyonline.ca/2023/05/26/a-dip-in-big-purchases-leads-to-a-costco-same-store-slump/