We're still near all-time highs on the major indexes, so taking a breather with less-than-stellar economic prints seems perfectly reasonable.
Costco (COST) came out with quarterly earnings of $3.82 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $3.48 per share a year ago.
Costco beat expectations for its fiscal first-quarter earnings, with net sales growth of 7.5%. Comparable sales growth was largely driven by increased traffic.
Costco Wholesale (COST) reported fiscal first-quarter earnings that beat analysts' expectations, in its first quarterly results reflecting the impact of its hike in membership fees.
Costco (COST) and Broadcom (AVGO) popped after reporting earnings. For COST, the company posted U.S. Comp.
Membership warehouse retailer Costco Wholesale Corp. on Thursday reported quarterly results that were a mixed bag.
Costco Wholesale Corporation (NASDAQ:COST, ETR:CTO) reported better-than-expected earnings for the first quarter of fiscal 2025. The retail giant's results were buoyed by robust revenue growth, strong e-commerce performance, and rising membership fees.
Costco topped Wall Street's earnings and revenue estimates. The warehouse club was helped by an increase in its annual membership fee.
Costco Wholesale slightly beat Wall Street expectations for first-quarter revenue on Thursday, as more Americans turned to the membership-only retail chain to shop for everything from food to home furnishings for the holiday season.
Teamsters union said that Costco rejected 98% of the contract provisions it proposed, underscoring how tensions are rising between both sides ahead of the deadline.
Costco Wholesale Corporation COST will be reporting its first-quarter earnings on Thursday. Wall Street expects $3.79 in EPS and $62.08 billion in revenues as the company reports after market hours.
Costco Wholesale (COST) is scheduled to report earnings for the first quarter of fiscal 2025 after the market closes Thursday, with analysts expecting the retailer to report rising revenue and profits.