E-Commerce Surged at Costco Last Quarter During Pandemic, CFO Says
E-commerce order fulfillment and delivery “worked pretty smoothly during the quarter despite dramatic volume increases,” said Costco Chief Financial Officer Richard Galanti on a fiscal Q3 call Thursday. E-commerce sales soared 64.5% from the year-ago quarter, said Galanti: They rose…
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90% in the final four weeks of the most recent period, which ended May 10.