Costco Says No Special Dividend Yet as Digital Personalization Drives $470 Million in Sales
Costco reported net sales of $68.24 billion and net income of $2.04 billion for the quarter, both above analyst expectations. The company ended February with $17.38 billion in cash but said there are no current plans for a special dividend. E-commerce sales driven by new digital tools topped $470 million. Shares rose about 0.4% in early Monday trading.