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-0.00184439021621928 -0.00171386413937914 0.00164576357754944 0.00107825889563581 -0.00125986039384826 -0.00164576357754957 -0.00257647125588784 -0.00366040519834291
Stock impact report

Costco tops Wall Street's sales and revenue expectations [CNBC]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: CNBC
Costco said on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year. The warehouse club does not share a full-year outlook. The company is expected to share more details about the quarter during an earnings call, which starts at 5 p.m. ET. Here's how Costco did in its fiscal first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $4.50 vs. $4.27 expected Revenue: $67.31 billion vs. $67.14 billion expected Costco has attracted new members and higher sales at its clubs and online as U.S. consumers across incomes seek value while shopping for groceries, household essentials, holiday gifts and more. Along with its warehouse club competitors, Costco has gained traction with younger customers who are signing up for memberships. Costco has also benefitted from a membership fee increase in the U.S. and Canada, which took effect in September 2024, and kicked in as new members si Show less Read more
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