FILE PHOTO: Shoppers load their car with bottled water at

Costco posts upbeat first-quarter results on strong demand for cheaper groceries

FILE PHOTO: Shoppers load their car with bottled water at a Costco Wholesalers in Chingford, Britain

FILE PHOTO: Shoppers load their car with bottled water at a Costco Wholesalers in Chingford, Britain March 15, 2020. REUTERS/John Sibley/File Photo