Friday, 14 December 2018

Costco margin dip overshadows sales beat, shares slide

Costco Wholesale Corp's gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.



from Reuters: Business News https://ift.tt/2UKQrGC
via IFTTT

0 comments:

Post a Comment