Costco Q3 earnings beat all key metrics, after shares closed at an all-time high

On Thursday afternoon, the company reported net sales of $58.52 billion, compared to estimates of $57.98 billion. Its adjusted earnings of $3.78 also beat estimates of of $3.70.

In the quarter, the wholesale retailer saw foot traffic go up year over year, beating the likes of Sam's Club performed, along with traditional strength from fresh food, led by meat and produce.A family moves through the checkout lane with its groceries at a Costco Wholesale store on Nov. 13, 2023, in Colchester, Vermont. U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

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Costco Q3 earnings top Street estimatesCostco Wholesale (COST) posted third quarter earnings per share of $3.78, topping estimates of $3.70. Revenue was $58.52 billion, slightly better than the...
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