Costco Shows High Q4 Earnings, Misses Revenue Forecasts
On Thursday, Costco Wholesale reported solid fourth-quarter financial data yet failed to meet revenue estimates due to cautious consumer spending. Its stock price was dragged down by -0.77% to $901.44 apiece on September 26’s Asian afternoon session. Likewise, it is expected to drop by -1.42% to $889.00 per share in after-hours trading. The membership-only store’s …
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