Costco’s April sales rise 34%, but online sales slow down

Costco Wholesale Corp. said late Wednesday its April sales rose 34% to $15.21 billion, with online sales slowing down from the early months of pandemic-fueled stockpiling.

Shares of Costco
COST,
-0.74%
fell 0.2% in the extended session after the sales news. The stock ended the regular trading day down 0.7%.

Online sales rose 21%, while total same-store sales rose 33%, Costco said.