0$0.00

No products in the cart.

Tag: snafu

Costco Q1 sales miss amid Thanksgiving web site snafu; earnings top Street

A web site outage that occurred over Thanksgiving weekend took a bite out of Costco Wholesale’s first quarter sales.  The retail giant reported earnings of $844 million, or $1.90 a share, for the quarter ended Nov. 24, compared to $767 million, or $1.73 per diluted share, last year. Analysts were expecting $1.71 a share. Net sales rose 5.6% to …

Costco Q1 sales miss amid Thanksgiving web site snafu; earnings top StreetRead More