24 x 7 World News

Costco (COST) shares dip despite earnings beat. We see no cause for concern

0

Customers using Costco Self-service check out area, Queens, New York.

Ucg | Universal Images Group | Getty Images

Costco Wholesale‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a recent C-Suite transition, Costco delivered a business-as-usual quarter, as members flocked to its warehouses in search of quality merchandise at value prices.

Leave a Reply