Low Gas Prices, Strong Dollar Weigh On Costco January Sales

Costco (COST) is higher in Wednesday morning trading following its January same-store sales report. Costco said comparable sales were flat last month. A 2% gain in U.S. sales was offset by a 4% decline in international sales. Of course, the lower price of gasoline and strong U.S. dollar put a dent in Costco’s results. Excluding [...]