Costco's E-Commerce Sales Were Up Over 100% in May

Costco's E-Commerce Sales Were Up Over 100% in May

April was a tough month for retailing giant Costco (NASDAQ: COST). After achieving March highs while customers stocked up for the coronavirus pandemic, Costco saw April sales decrease for the first time in 10 years as people stayed home and the company had to close some departments in accordance with government regulations. Costco, unlike most publicly traded companies, releases monthly earnings reports.