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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 63%

Costco Berita

International Business,BJ's Wholesale Club,Membership Fees

Costco's value proposition drove results in its third fiscal quarter.

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

Membership-only discount retailer Costco will be announcing earnings results tomorrow after market close. Here's what you need to know.Shares of TD stock plunged on the news of a money laundering probe. But could this mean it's a deal for its dividend? The post Is TD Stock the Best Dividend Stock for You? appeared first on The Motley Fool Canada.

The elite's confidence is closely tied to the stock markets, but what makes young people optimistic is confounding, according to data from The Conference Board.No charges for officer in death of Michigan teen struck by police car during chase

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Costco Q1 earnings preview: Another quarter of growth expected as shoppers continue to prize valueWall Street expects Costco held onto its value proposition in its third fiscal quarter results.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Markets dip on Salesforce revenue miss, Costco, Dell earnings on tap: Yahoo FinanceThe Dow (^DJI), Nasdaq (^IXIC), and S&P 500 (^GSPC) are all under pressure after Salesforce (CRM) reported revenue that missed expectations for the first...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

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...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Costco earnings, GDP: What to watchAs the trading day comes to an end, here's a preview of key events to watch for on Thursday, May 30th. Earnings reports from various retailers are due for...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »